King Co.'s inventory turnover ratio is 12. Its inventory conversion period is
A) 12 days.
B) 30.4 days.
C) 2.5 days.
D) There is not enough information.
Answer: B
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The profits of ABC Grocery have dropped significantly over the last several months. After investigating, the owner realizes that many of the store's departments are moving in the wrong direction. The owner realizes that these departments need stronger and closer management, but she also realizes that she has not provided her managers with enough direction regarding her expectations for the store's goals and the employees' performance. This example shows how an organization can progress in the wrong direction as a result of
A. little company diversity. B. no focus on JIT. C. no code of ethics. D. poor planning. E. too much employee diversity.
In terms of goals for public relations, a hit is:
A) an advertisement that is successful B) a consumer promotion's tie in with publicity C) a mention of the company's name in a news story D) an advertising slogan with high recall
A defined contribution plan promises employees a fixed annual pension benefit
Indicate whether the statement is true or false
When communicating with people from different cultures, you should
A) maintain formality, show respect, and speak clearly. B) go out of your way to be friendly and humorous. C) maintain eye contact, offer compliments frequently, and avoid small talk. D) use first names to show that you are thoughtful and respect others. E) keep the conversation going to avoid any silences.