Selling and administrative expenses are subtracted from gross profit to obtain operating income

Indicate whether the statement is true or false

TRUE

Business

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What type of managers supports line managers by providing information and advice?

A) staff managers B) operating managers C) assembly room managers D) welding room managers

Business

Which of the following is NOT an entry barrier to an industry?

a. Expected competitor retaliations c. Product loyalty b. Economies of scale d. Bargaining power of suppliers

Business