If a Company Achieves a Small Increase in Its Gross

question 88

Multiple Choice

If a company achieves a small increase in its gross profit percentage from one year to the next,the company:

• A)will always have a higher net income.
• B)must be obtaining products at a lower cost per unit.
• C)must have increased its sales revenue.
• D)none of the answers are acceptable.

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Definitions:

Capabilities

the qualities, resources, and skills that an organization or individual possesses, enabling them to perform effectively.

SWOT Analysis

A strategic planning tool that evaluates an organization's strengths, weaknesses, opportunities, and threats to assist in making informed decisions.

Productive Use

The application of a resource or tool in a manner that increases efficiency, effectiveness, or output.

Directives

Instructions or orders given by someone in authority, which are to be followed by others.