Briefly discuss what gross profit represents and how it affects the net earnings of a merchandiser.
What will be an ideal response?
Gross profit is the difference between net sales revenue and cost of goods sold. It represents the markup on the merchandise inventory and is a measure of a merchandiser's success. A sufficiently high gross profit is vital to a merchandiser. The gross profit must cover the company's operating expenses for the company to survive.
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The target population should be defined in terms of all of the following EXCEPT:
A) elements. B) cost. C) sampling units. D) time frame. E) extent.
It is very difficult to build and shape culture in a(n) ______ firm.
a. large b. innovative c. collaborative d. small
Answer the following statements true (T) or false (F)
1. A symbol stands for, or represents, something else. 2. Different words that describe the same event can evoke very different responses. 3. The words you use can help shape the desired response from your audience. 4. Words have always had the same definitions.
What are the factors that define an internal pay structure?
What will be an ideal response?