Which of the following is the correct formula to calculate inventory turnover?
A) Inventory turnover = Cost of goods sold / Average merchandise inventory
B) Inventory turnover = Cost of goods sold x Average merchandise inventory
C) Inventory turnover = Cost of goods sold + Average merchandise inventory
D) Inventory turnover = Cost of goods sold - Average merchandise inventory
A
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The sample plan refers to:
A) the process used to select units from the population to be included in the sample B) the process used to select units from previous samples into the present sample C) the process used to select units from the population into a sample size formula D) the process used to select units from the population to be included in telephone surveys E) the process used to determine which members of the sample should be contacted
Which of the following will most likely require persuasion within an organization?
A) A supervisor tells her staff that they must work overtime to complete a project by the deadline. B) A team leader tells other team members how to upload information to the company website. C) An employee proposes a tuition reimbursement program to the company's board of directors. D) The CEO invites all employees to a holiday party.
______ is defined as the extent to which the less powerful members of institutions and organizations within a country expect and accept that power is distributed unequally.
a. Power distance b. Uncertainty avoidance c. Individualism-Collectivism d. Masculinity-Femininity
It is important for managers to be aware of the informal groups that exist in an organization.
Answer the following statement true (T) or false (F)