The Sales Manager for the Tool Box,a Fine and Large

question 70

Multiple Choice

The sales manager for the Tool Box,a fine and large tool and machinery outlet,wants to increase the company's operating profit margin from 20% to 30%.The operating income of the company is $180,000.
Required
Compute the amount of sales revenue needed to achieve the goal?

• A)$600,000
• B)$485,000
• C)$525,000
• D)$613,000
• E)$500,000

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Definitions:

Job Enlargement

The process of increasing the number and variety of tasks that an individual performs, thereby enhancing job satisfaction by reducing monotony.

Specialized Tasks

Work that requires specific skills or knowledge, often performed by individuals trained or educated in that particular area.

Job Displacement

The loss of employment due primarily to external factors like technological advancements, economic downturns, or organizational restructuring.

Job Specialization

The process of focusing one's career or labor on a specific area of expertise, allowing for greater efficiency and mastery of skills.