Which of the Following Is a Tool That Allows Companies

question 93

Multiple Choice

Which of the following is a tool that allows companies to track financial results while monitoring progress in building the capabilities and acquiring the intangible assets they would need for future growth?

• A)HR scorecard
• B)External employee grid
• C)Balanced scorecard
• D)ESOP plan
• E)Merit increase grid

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Definitions:

Holding Cost

The expenses associated with storing unsold goods or materials, including storage, insurance, and obsolescence.

Cost-Minimizing Solution

An approach in operations management aimed at finding the least expensive way to achieve a specific objective without compromising on quality.

Economic Order Quantity

A formula used to determine the optimal amount of inventory to order that minimizes total inventory costs.

Holding Cost

Holding cost, in inventory management, refers to the total cost of holding inventory, including storage, insurance, depreciation, and opportunity costs.