United Parcel Service Makes Use of Calibrated Productivity Standards as Well

question 196

Multiple Choice

United Parcel Service makes use of calibrated productivity standards as well as the timing of package sorting,delivery,and pickup to keep productivity at the highest level per employee.In developing worker productivity standards,UPS obviously makes use of _________.

• A)Behavioural theories.
• B)Self?actualization.
• C)Systems theory.
• D)Motion studies.
• E)Administrative principles.

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Definitions:

Inventory Turnover

A measure illustrating the frequency at which a firm's stock is sold and replenished within a specific timeframe, showcasing the effectiveness of managing inventory.

Low Ratio

A financial metric that indicates a ratio lower than industry norms, often suggesting less risk or lower performance in certain contexts.

IRS Guidelines

The rules and regulations issued by the Internal Revenue Service governing the tax process in the United States.

FIFO

First-In, First-Out, an inventory valuation method where the first items purchased are the first ones to be sold, impacting the cost of goods sold and inventory on the balance sheet.