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NCC Incorporated Has a Complex,computerized Information System That Can Calculate

question 75

Multiple Choice

NCC Incorporated has a complex,computerized information system that can calculate projected sales,market share,and profit profiles for each of the potential price-increase levels that a manager is considering.This is an example of a(n)


Definitions:

Revenue

The total amount of money received by a company or organization from its business activities, such as sales of goods or services, before any expenses are subtracted.

Double Scoop

Typically refers to two servings of ice cream, often served in a cone or cup.

Profit

The financial benefit realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Organic

Organic refers to products or methods that rely on farming without the use of synthetic pesticides, fertilizers, genetically modified organisms (GMOs), or other artificial agents.

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