ISO 9000 Is a ________Of Standards, Rather Than a Single

question 83

Short Answer

ISO 9000 is a ________of standards, rather than a single standard.

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Definitions:

Net Profit

The real income remaining after deducting operating costs that aren't considered in determining gross profit.

Invested Capital

The total amount of money that has been invested into a company by its owners, shareholders, and creditors, used for acquiring assets and funding operations.

Investment Turnover

A financial ratio that measures the efficiency of a company's use of its investments in generating sales revenue.

Profit Margin

The percentage of revenue remaining after all expenses have been deducted from sales.