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Match the Term with the Appropriate Definition

question 36

Multiple Choice

Match the term with the appropriate definition.
-active natural immunity


Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Competitive Floor

The minimum price level that a product or service can be sold at within a competitive market, ensuring the seller remains competitive while covering costs.

Return on Assets

A financial ratio that shows the percentage of profit a company earns in relation to its overall resources.

Profit Margin

A financial ratio calculated by dividing net income by revenue, demonstrating the percentage of each dollar of revenue that results in profit.

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