When Does a Business Have to Increase Its Sales Annually

question 28

Multiple Choice

When does a business have to increase its sales annually to net as much as it did in the previous year?

• A) when profits are rising as fast as sales
• B) when profits are not rising as fast as sales
• C) when sales are trending upward
• D) both a and c

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Definitions:

IQ

An abbreviation for Intelligence Quotient, a measure of a person's intellectual capabilities in relation to their age group.

Heredity

The passing of traits from parents to their offspring, either through asexual reproduction or sexual reproduction.

Cultural Bias

The tendency to interpret or judge human behavior and cultures based on the norms and values of one's own culture.

Intelligence Testing

The process of measuring a person's cognitive abilities, aptitudes, and intellectual potential through standardized tests.