Getting Employees' Input on the Organisation and Its Activities Is

question 57

Multiple Choice

Getting employees' input on the organisation and its activities is important for all of the following reasons EXCEPT:

• A)Providing input helps employees feel engaged.
• B)Providing input increases employee satisfaction.
• C)Providing input reduces managers' responsibility for the organisation's performance.
• D)Employees' input is crucial to improving the organisation's operation.

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Definitions:

DSO

Days Sales Outstanding (DSO) represents the average duration in days for a business to receive payment following a sale.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Credit Sales

Transactions where the goods or services are provided to a customer with an agreement that payment will be made at a later date.

EOQ

Economic Order Quantity is the ideal quantity of inventory a company should purchase to minimize the total costs of ordering and holding.