A retailer’s mark-up is his?

A. total cost less total sales B. total sales less total returns C. gross profit less expenses D. sales dividend be average stock E. selling price less cost price Correct Answer: Option E – selling price less cost...
The aspect of management which ensures that there is no deviation from the set standards is called?

Span of control is defined as the?

A. authority of the supervisor B. qualification possessed by the supervisor C. number of staff in the organization D. number of subordinates reporting directly to a supervisor E. ability of the supervisor to delegate authority Correct Answer: Option D – number...

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