If a Company Achieves a Small Increase in Its Gross

question 94

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 above.

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Definitions:

Agreeableness

A personality trait characterized by kindness, empathy, trust, and cooperativeness.

Big Five Model

A psychological framework that identifies five broad personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Career Change

The process of switching from one profession or occupation to another, often involving retraining and the development of new skills.