A factor in determining the rate of return on investment--the ratio of income from operations to sales--is called:
A) profit margin
B) indirect expenses
C) investment turnover
D) cost
A
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Which of the following statements about selling is most likely true?
A. Only trained salespeople ever engage in selling activities. B. You are not involved in sales when you go to an interview with a potential employer. C. Unlike other professions, journalists do not engage in selling activities. D. Everyone sells at their place of work, but not when at home with their families. E. You are involved in selling when you ask someone to accompany you on a shopping trip.
The widespread use of RFID chips to relay information about products during distribution represents a change in the ________
A) sociocultural environment B) economic environment C) legal environment D) technological environment E) competitive environment
“Quality is a virtue of design” means that if products are well designed, all of the following will be true, EXCEPT ______.
a. there will be fewer operations problems b. the product will be easier to sell c. the design process will be shorter d. servicing the product will be less costly
According to a UNESCO report of employer views, _____ are soft skills that are essential for workers in today's business climate.?
A) ?arithmetic skills B) ?decision-specific skills C) ?team skills D) ?technical skills