Examlex

Solved

What Did William Stern Devise

question 6

Multiple Choice

What did William Stern devise?


Definitions:

Profit Margin

The amount by which revenue from sales exceeds costs in a business, expressed as a percentage of total sales.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit by the initial cost of the investment.

Increase in Income

An upward movement in earnings or revenue, signaling growth or improvement in financial performance.

Variable Cost

A cost that changes in proportion with the level of output or activity; in contrast to fixed costs, which remain constant regardless of activity.

Related Questions