Puffy's Pastries Generates Five Cents of Net Income for Every

question 54

Multiple Choice

Puffy's Pastries generates five cents of net income for every $1 in sales. Thus,Puffy's has a _______ of 5%.

• A) return on assets
• B) return on equity
• C) profit margin
• D) Du Pont measure
• E) total asset turnover

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Definitions:

Strategic Realignment

The process of adjusting an organization's strategic direction or focus to better meet its goals, often involving restructuring or changing priorities.

Re-Creation

The process of rejuvenating or renewing something, making it fresh or new again.

Frame Breaking

A radical change or transformation in an organization's strategy, structure, or processes to fundamentally alter its course and improve performance.

Contingency Approach

A management theory that suggests the best way to organize or lead is to design the structure and management of an organization based on the current internal and external environment.