The ratio of gross profit to sales is known as the ____________________
Fill in the blank(s) with correct word
gross profit ratio
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When all capital and labor are fully utilized, the economy is said to be
A. at the peak of the business cycle. B. experiencing an expansion. C. at full employment. D. sustainable.
"Flattening" of management hierarchies most directly refers to ________
A) ?fewer layers of managers separating decision makers from line workers B) ?employees being promoted to supervisory positions more quickly C) ?more managers overseeing decision making D) ?hiring freezes implemented to save money
A kanban that is used to authorize processing is referred to as?
a. Withdrawal kanban b. Production kanban c. Manufacturing kanban d. Processing kanban
A customer orientation toward pricing implicitly invokes the concept of
A. profit. B. the income effect. C. positioning. D. value. E. knowing the dimensions of the target market.