Fiona,the Manager of a Retail Store,wants to Know Whether She

question 33

Multiple Choice

Fiona,the manager of a retail store,wants to know whether she is maximizing her return on space investment.She will have to calculate the _____ for the area of the store.

• A) sales per square foot
• B) cost-benefit ratio
• C) return on investment
• D) QR correlation coefficient
• E) sales per employee

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Definitions:

Lower-order Needs

Basic human necessities in Maslow's hierarchy of needs, such as physiological and safety needs, which are fundamental for survival and security.

High Need

Refers to a critical requirement or an urgent desire that motivates individuals' behaviors or actions towards its fulfillment.

High Need for Achievement

A personality trait characterized by an individual's relentless drive and effort to reach goals and excel.

Receive Feedback

The process of receiving constructive information or evaluations about one's actions or performance, aimed at improvement and learning.