Critical Thinking Questions Case 2-1 Leo, Owner of Leo's Bread

question 68

Multiple Choice

Critical Thinking Questions Case 2-1 Leo, owner of Leo's Bread Company, recently installed Excel 2013 and created a new workbook to track sales of different types of bread.He wants to determine which types of bread are the most popular among his customers.He is particularly interested in sales of rye bread, onion rolls, and bagels.Leo has formatted the sales numbers with the Accounting number format.Leo wants the sales numbers for rye bread, onion rolls, and bagels to look different each time the sales for each exceeds $500.What Excel feature can Leo use to accomplish this?

• A) Spell checker
• B) Conditional formatting
• C) Point mode
• D) Formulas version

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Definitions:

Turnover Rate

A metric that calculates the rate at which employees leave an organization and are replaced over a certain period, often used to assess the company's retention efforts.

Low-Cost Provider

A business strategy focusing on gaining competitive advantage by being the lowest cost producer in its industry or market segment, often by minimizing production costs.

Competitive Edge

A unique advantage that allows an organization to outperform its competitors, often through superior products, processes, or services.

Michael Porter

A renowned economist known for his theories on economics, business strategy, and competitive advantage.