Suppose You Are Told That Sales This Year Are 20

question 280

Multiple Choice

Suppose you are told that sales this year are 20% higher than they were five years ago.What has been the annual average increase in sales over the past five years?

• A)5.2%
• B)4.7%
• C)4.2%
• D)3.7%

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Definitions:

Shifting Jobs Offshore

The practice of relocating a business's operational processes or services to another country, often to reduce costs.

European Union (EU)

A political and economic union of 27 European countries that are located primarily in Europe.

Economic Zone

A designated area in a country with economic benefits such as tax incentives and less stringent regulations to attract businesses and investment.

Employee Privacy Protection

Measures and policies that ensure the personal and sensitive information of employees is kept secure and confidential.