Another Term for Gross Margin Is

question 107

Multiple Choice

Another term for gross margin is

• A)original markup.
• B)markdown.
• C)return on sales.
• D)discounted price.
• E)maintained markup.

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Definitions:

Identify

To recognize and name someone or something as being a particular person or thing.

Bureaucracy

An organizational structure characterized by standardized procedures, hierarchical division of responsibilities, and adherence to fixed rules, often found in governments and large organizations.

Impersonal Organization

Describes entities structured to operate without personal considerations, relying on standardized procedures and roles to achieve objectives.