The Four Major Responsibilities of a Store Manager Are Managing

question 85

True/False

The four major responsibilities of a store manager are managing employees,controlling costs,managing merchandise presentation,and providing customer service.

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Definitions:

Production Function

A mathematical relationship expressing the amount of output generated from different amounts of inputs.

Profit

The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Commodity

A fundamental merchandise in commerce that can be swapped with other merchandise of a similar nature.

Maximise

To increase to the greatest possible amount or degree within a given set of constraints, often used in the context of profit or utility maximization.