Walton Company's Return on Sales for the Most Recent Year

question 30

Multiple Choice

Walton Company's return on sales for the most recent year was 5%.The industry leader reports a return on sales of 7%.The comparison of Walton Company's return on sales to the industry leader is an example of:

• A)benchmarking.
• B)gross margin analysis.
• C)detail analysis.
• D)intercompany analysis.

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Definitions:

Strengths

Qualities that an individual possesses which are beneficial and advantageous for performance in various tasks or situations.

Johari Window

A psychological tool that helps people understand their relationship with themselves and others through self-disclosure and feedback.

Hidden Area

Parts or aspects of something, especially information or physical spaces, that are not immediately obvious or accessible.

Scientific Management

Approach to work that focuses on the application of scientific methods to increase individual workers’ productivity.