(Net Profit/net Sales)equals _____

question 68

Multiple Choice

(Net profit/net sales) equals _____.

• A)asset turnover
• B)profit margin
• C)cost of goods sold
• D)financial leverage

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Definitions:

Social Loafing

The occurrence in which people put in less effort towards reaching a goal when they are part of a group compared to when they are working solo.

Common Goal

A shared objective or aim among members of a group.

Groupthink

A phenomenon whereby a group makes faulty decisions because of group pressures, leading to a degradation of mental efficiency, reality testing, and moral judgment.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, often improving on simple or well-rehearsed tasks.