Jake, who runs a health food store, finds it is rewarding to interact with customers who like to eat organic and health food. Hence, he is recognized in the local community. Which objective of retailing does Jake emphasize by this practice?
A) Financial objective
B) Personal objective
C) Societal objective
D) Environmental objective
E) Administrational objective
Correct Answer:
Verified
Q12: Return on assets (ROA) is the profit
Q13: Cost of goods sold (COGS) includes what
Q14: Output measures assess the results of a
Q15: Gross margin is the total revenues received
Q16: Self-gratification for the retailer is classified as
Q18: Top-down planning means that goals get set
Q19: The formula for calculating asset turnover is:
Q20: Operating profit margin is
A) Gross margin minus
Q21: What measures the profitability of products that
Q22: Country Homes is a store for people
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents