The Concept Of____________ Refers to a Dominant Characteristic by Which

question 63

Multiple Choice

The concept of____________ refers to a dominant characteristic by which others identify you,and treat you accordingly.

• A)master status
• B)secondary status
• C)primary deviance
• D)prescriptive status
• E)normative status

---

Definitions:

Operating Expense

An ongoing expense incurred in the operation of a business, such as rent, utilities, and salaries.

Operating Profit

Earnings before interest and taxes, calculated by subtracting operating expenses from gross profit.

Mark-up

The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Unit Cost

The expense associated with creating, storing, or purchasing a single unit of a product or service.