Please Refer to the Following Trend Analysis of Pathways Company

question 152

Multiple Choice

Please refer to the following trend analysis of Pathways Company:
$$\begin{array} { | l | r | r | r | r | r | r | } \hline & 2015 & 2014 & 2013 & 2012 & 2011 & 2010 \\\hline \text { Net sales } & \$ 4,970 & \$ 4,500 & \$ 3,980 & \$ 3,270 & \$ 4,750 & \$ 4,400 \\\hline \text { Percentages } & 113.0 \% & 102.3 \% & 90.5 \% & 74.3 \% & 108.0 \% & 100.0 \% \\\hline\end{array}$$
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Which of the following is a correct conclusion from the above analysis?

• A) Net sales in 2014 were equal 102.3% of net sales for the previous year.
• B) Net sales in 2014 were up 2.3% over the previous year.
• C) Net sales in 2014 were 2.3% higher than 2010 net sales.
• D) Net sales in 2014 were down 90.5% from year 2010.

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Definitions:

Hot Stove Rules

A principle of discipline proposing that consequences for inappropriate behavior should be immediate, consistent, impersonal, and moderate, akin to touching a hot stove.

Employee Discipline

The enforcement of organizational rules and policies to rectify and prevent unacceptable behavior by employees.

Progressive Discipline

A system of dealing with job-related behavior that does not meet expected and communicated performance standards, starting with the least severe action.

Organisational Expectations

The standards, goals, and performance criteria that an organization sets for its employees or members to guide their behavior and work output.