Last Year the Uptown Division of Gorcen Enterprises Had Sales

question 97

Multiple Choice

Last year the Uptown Division of Gorcen Enterprises had sales of $300,000 and a net operating income of $24,000. The average operating assets at Uptown last year amounted to $120,000. At Uptown the turnover used to calculate ROI last year was:

• A)0.4
• B)2.5
• C)3.2
• D)5.0

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Definitions:

Laissez-Faire Leadership

A leadership style characterized by minimal supervision, where leaders provide tools and resources but allow individuals to solve problems on their own.

Self-Directed

Characterized by an individual taking initiative and control over their actions and decisions with minimal external influence or guidance.

Consistency

The quality of always acting or behaving in the same way, leading to reliability or predictability.

Workplace

A location where people are employed and perform tasks or duties for a business or organization.