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Question
The return on sales ratio is ________.A) net income/sales
B) also called the operating ratio
C) revenue/expenses
D) expenses/sales
Answer
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Related questions
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Why is it not a good idea to tell investors in your business plan that your exit strategy is simply "to take the business public"?
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B) higher marketing and promotional costs
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Explain replication strategies and harvesting and how they differ.
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A) better business regulations
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A) 50 -100
B) 50 - 200
C) 10 - 50
D) 250 - 1000
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A) line
B) staff
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Why is it important for an entrepreneur to pay him/herself regularly in a consistent manner out of the business's earnings?
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A pacesetting style of leadership consists of a leader who sets very high personal performance standards and challenges employees to meet them too.
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No matter the size of a business, the leader sets the ________ for how the organization operates. If the leader is chaotic, chances are the business will be too. If the leader is well organized and efficient, the business may well be too.
A) asset optimization
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If a business owner wants his/her pay to be a variable operating cost, a ________ is most appropriate.
A) bonus
B) wage
C) salary
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The central focus of total quality management (TQM) is continuous improvement.
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________, an American economist, argued that business should focus on making quality products instead of maximizing profits - and that profit would follow.
A) Conrad Hilton
B) W. Edwards Deming
C) Paul Samuelson
D) Adam Smith
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What organization administers the Malcolm Baldrige National Quality Award?
A) United Nations (UN)
B) National Aeronautical and Space Administration (NASA)
C) National Institute of Standards and Technology (NIST)
D) National Merit Award Administration (NMAA)
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________ are three of the eight quality management principles for organizational improvement.
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B) Customer focus, leadership, and policy approach
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A) Intel
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A) customer
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A) sales mark
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B) register your business name
C) protect all your intellectual property
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A) arbitration
B) motion
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