A Merchandiser Will Earn an Operating Income of Exactly $0

question 131

Multiple Choice

A merchandiser will earn an operating income of exactly $0 when

• A)gross margin equals operating expenses.
• B)net sales equals cost of goods sold.
• C)cost of goods sold equals gross margin.
• D)operating expenses equal net sales

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Definitions:

Laissez-Faire Leadership

A leadership style where leaders are hands-off and allow group members to make the decisions, minimizing their own control.

Democratic Leadership

A leadership style where decisions are made collaboratively, incorporating input from team members and emphasizing group equality.

Physical Characteristics

The tangible attributes that define the appearance, shape, and material properties of an object or individual.

Leader Behaviour Research

The study of the actions, practices, and conduct of leaders, emphasizing how these factors influence their effectiveness and organizational outcomes.