Which of the Following Firms Would Be Expected to Have

question 23

Multiple Choice

Which of the following firms would be expected to have a high ROE based on that firm's high operating efficiency?

• A)a medical supply company that provides very precise instruments at a high price to large medical establishments such as hospitals
• B)a high-end fashion retailer that has a very high mark-up on all items it sells
• C)a brokerage firm that has high levels of leverage
• D)a grocery store chain that has very high turnover,selling many multiples of its assets per year
• E)a mining firm that is mostly engaged in exploration for new deposits

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Definitions:

Performance Management

A continuous process by which managers and employees work together to plan, monitor, and review an employee’s work objectives and overall contribution to the organization.

Customer Evaluations

Assessments made by clients or customers regarding a company's products or services, typically based on satisfaction, usability, and overall experience.

Sales Representatives

Sales representatives are professionals who promote and sell products or services for a company, often being the main point of contact between the organization and its customers.

Customer Satisfaction

A measure of how products or services meet or surpass customer expectations, often used as a key performance indicator by businesses.