Given the Following Data: If Net Sales Decreases by 10

question 45

Multiple Choice

Given the following data: If net sales decreases by 10%, and cost of goods sold increases by 15%, gross profit would:

• A)increase by 25%.
• B)decrease by 80%.
• C)decrease by 25%.
• D)increase by 80%.

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Definitions:

Behavioral Leadership Approaches

Theories focusing on the observable behaviors of leaders and how these behaviors influence their effectiveness in guiding and motivating others.

Administrative Leadership Approaches

Methods or strategies used by leaders in organizational settings to influence and direct the management and administration processes.

Supportive Leadership

A leadership style that emphasizes support, encouragement, and empowerment of employees to achieve organizational goals.

Achievement-oriented Leadership

A leadership style focused on setting challenging goals, emphasizing excellence, and showing confidence in followers' abilities to meet high standards.