A Company Had $7,000,000 in Net Income for the Year

question 41

Multiple Choice

A company had $7,000,000 in net income for the year.Its net sales were $15,200,000 for the same period.Calculate its profit margin.

• A)85.4%.
• B)117.1%.
• C)53.9%.
• D)217.1%.
• E)46.1%.

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Definitions:

Ingratiation

A psychological technique aimed at making oneself more likable to others through flattery or other forms of manipulation.

Impression Management

The process through which individuals attempt to control the perceptions others have of them, usually to appear more favorable or competent.

Upward Influence

refers to the ability of lower-level employees to affect the decisions, actions, and perspectives of their higher-up managers or leaders.

Hard Influence Tactics

Strategies that use direct and forceful approaches to persuade others, often involving pressure or threats.