Your Leader Has Asked You to Design New Performance Evaluation

question 77

Multiple Choice

Your leader has asked you to design new performance evaluation system. Designing the system is example of which of Mintzberg's managerial roles?

• A) entrepreneur
• B) interpersonal
• C) disturbance-handler
• D) negotiator

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold, excluding other operating expenses and taxes.

Income from Operations

The profit earned from a company's everyday business activities, excluding income from other sources and expenses like taxes and interest.

Operating Expenses

The costs associated with the day-to-day activities of running a business, not including the cost of goods sold.

Cost of Merchandise Sold

The direct costs attributable to goods sold by a company, including the purchase price of merchandise, freight, and handling charges, less any discounts received.