Examlex
Which of the following statements describes an advantage of the systems approach to management?
Global Automobile Market
The international sector involving the manufacturing, distribution, and sale of motor vehicles.
Annual Revenue
The total income generated by a business or entity from its activities over the course of a year, excluding expenses.
Profit Margins
Profit margins describe the percentage of revenue that remains as profit after all expenses have been deducted.
Expenses
The costs incurred by a business or individual in the process of earning revenue, including operational and administrative costs.
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