Gross margin is defined as gross profit:

A) minus total operating expenses.
B) divided by net sales revenues.
C) divided by cost of sales.
D) minus net income.

B

Business

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When the buying center members find out that leasing a fleet from one car rental company has the advantage of a better repair service contract than other companies provide, they are in which stage of the business-to-business buying process?

A) identification of vendor B) establishment of specifications C) vendor selection D) vendor evaluation

Business

You usually open a regular charge account as a shopping convenience

Indicate whether the statement is true or false

Business