Question : What does a low Working Capital Turnover Ratio indicate?
Option 1: Indication of inefficiency of working capital management.
Option 2: Indication of efficiency of working capital management
Option 3: Proper mutilation of resources
Option 4: None of the above
Correct Answer: Indication of inefficiency of working capital management.
Solution : Answer = Indication of inefficiency of working capital management.
A low Working Capital Turnover Ratio indicates inefficiency in working capital management. It suggests that the company is not effectively utilizing its working capital to support sales, potentially leading to liquidity problems. This ratio reflects how well a company uses its working capital to sustain sales levels. Hence, the correct option is 1.
Question : The Taylor principles and techniques are focused on workers efficiency..Fayol's principles are focused on which criteria?
Option 1: Management inefficiency
Option 2: Management efficiency
Option 3: Both a and b
Question : It increases the efficiency of workers by reducing fatigue and wasteful movments on a job. Which technique of scientific management is being highlighted in the given statement?
Option 1: Method study
Option 2: Motion study
Option 3: Time study
Question : Employees turnover should be minimised to to maintain organisational efficiency. Which of the following principles of management is being highlighted in the given statement?
Option 1: Stability of personnel
Option 2: Initiative
Option 3: Esprit de cops
Option 4: Equity
Question : Case Study: XYZ Electronics wants to improve efficiency by assigning specialized tasks to employees based on their skills. Which principle of management does this reflect?
Option 1: Initiative
Option 2: Division of labor
Option 3: Unity of command
Option 4: Scalar chain
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