When Management at H&M Buys and Stocks Only Merchandise That

question 16

Multiple Choice

When management at H&M buys and stocks only merchandise that has been produced using environmentally and socially sustainable methods,they are following a company ________ implemented at their corporate office.

• A)procedure
• B)policy
• C)premise
• D)assumption
• E)plan

---

Definitions:

Sales

The transactions where goods or services are exchanged for money or considerations.

Marginal Tax Rate

The rate at which the next dollar of taxable income would be taxed, reflecting the progressive nature of tax systems.

Average Tax Rate

The ratio of the total amount of taxes paid to the total taxable income, representing the average portion of income that is paid as tax.

Progressive Tax

Progressive tax is a taxation system where the tax rate increases as the taxable amount or income increases, placing a higher burden on those with higher incomes.