The Following Are Examples of an Organisation with a Strong

question 73

Multiple Choice

The following are examples of an organisation with a strong culture EXCEPT ________.

• A)key values are deeply held by a few key members
• B)strong leaders with a firm sense of direction and purpose
• C)effective communication with all employees regarding policies and organisational issues
• D)lower than average staff turnover rates

---

Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term and long-term obligations, calculated as current assets divided by current liabilities.

Acid-test Ratio

A financial metric that assesses a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory.

Current Ratio

This ratio evaluates the ability of a business to cover its obligations due in the next year, by calculating the proportion of its current assets to its current liabilities.

Working Capital

An indicator of a company's short-term financial health, calculated as current assets minus current liabilities.