The Profit Margin Is Calculated as the Ratio of Operating

question 78

Multiple Choice

The profit margin is calculated as the ratio of operating income to:

• A) invested assets.
• B) investment turnover.
• C) sales.
• D) residual income.

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Definitions:

Job Enrichment

The process of making a job more engaging, interesting, and motivating for employees by adding varied responsibilities and opportunities for personal growth.

Job Characteristics Model

A theory that proposes that the nature of a job itself affects employee motivation, satisfaction, and performance, identifying five core job dimensions that can be enriched.

Core Job Characteristics

Fundamental attributes of a job that affect employee motivation and job satisfaction, such as skill variety, task identity, task significance, autonomy, and feedback.

Hackman

Richard Hackman was a prominent researcher in organizational behavior known for his work on team dynamics, leadership, and work design.