Answer:
4.5
Explanation:
Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.
Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.
Annual sales of a manufacturing company 
Inventory 
Inventory turnover ratio for the company = Sales/Inventory
1. Because leaders need to devise effective solutions in short time spans with limited information, they need to have cognitive abilities.
2. Trait appraisals are subject to validity problems due to evaluator bias.
Explanation:
Cognitive abilities are knowledge based on the brain, which we need to perform from easy to complex tasks. They are mostly about how they read, recall, resolve issues and pay close attention than about any true knowledge. They were about how they think.
Traits have included the personality, behavior, leadership, work ethics, leadership skills, ethical sense, loyalty, flexibility, and judgment. On either hand, if the trait is legitly related to the work, then it might be valued.A trait is a person's own characteristic.
Answer:
The correct answer is letter "D": direct materials prices are controlled by the purchasing department and quantity used is controlled by the production department.
Explanation:
Standard price is the estimated price direct materials could have at the moment of ordering a purchase. Standard quantity refers to the forecasted number of units necessary for the production process of the firm. The two of them are separated to allocate each one to the department in charge of their providing accurate measures: <em>standard prices are set by the purchasing department while the standard quantity is estimated by the production department.
</em>
The efficiency of standard price and quantity relies on the purchasing and production departments separately.
A model used to illustrate the trade-offs related to splitting resources between the production of two items is called the Production Possibilities Curve (PPC).
<h3>How do economic actors calculate costs to specialize products?</h3>
The PPC is a useful tool for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.
Exchange possibilities that lead to consumption opportunities outside of the PPC are the consequence of production specialization based on comparative advantage rather than an absolute advantage.
In contrast to what would have been achievable domestically, trade between two agents or countries enables the countries to enjoy a higher overall output and level of consumption.
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PPCs can be used to decide who should specialize in a certain good as well as opportunity costs and comparative advantages.
A nation or individual will be able to consume at a point beyond its PPC through specialization and commerce, assuming the terms of trade are advantageous (for example, offering each agent a cheaper opportunity cost than could be accomplished without trade).
Check out the link below to learn more about opportunity costs;
brainly.com/question/17410093
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Answer:
The given option "Marketing" is the right choice.
Explanation:
- Marketing seems to be focused on thought about either the market regarding consumer expectations as well as satisfaction with them.
- It is different from selling, although selling is concerned with either the methods or strategies of convincing investors to exchange some currency for a certain commodity.
Some other options in question are not connected to something like the given scenario. And the above will be a good alternative.
