The profit margin measures net income per dollar of sales.
Answer the following statement true (T) or false (F)
True
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Principals often are liable for the torts of their agents under the doctrine of res ipsa loquitur, which means "let the master answer."
Answer the following statement true (T) or false (F)
The formal and modern study of management started in Babylonia, around 5000 B.C.
Answer the following statement true (T) or false (F)
In performance appraisal, communication is about:
A. providing standards to employees so that they know how they are graded B. providing feedback concerning past performance C. creating a path for two-way communication between the supervisor and subordinate D. allowing employee feedback concerning factors that inhibit their performance E. All of the above are correct.
Before you can measure performance, what must you do?
A) evaluate employees B) improve performance C) set performance standards D) analyze market conditions E) experiment with methods