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LEVEL 1 pga pgm test Study Guide Solutions Updated 2024 $12.49   Add to cart

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LEVEL 1 pga pgm test Study Guide Solutions Updated 2024

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Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 1/8 LEVEL 1 pga pgm test Study Guide Solutions Updated 2024 Directing Strategy - ANSWER-Purpose - to tell others specifically what to do Commitment from others - willing COMPLIANCE Initial skill used - STATE YOUR PURPOSE CLE...

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  • November 19, 2024
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LEVEL 1 pga pgm test Study Guide
Solutions Updated 2024

Directing Strategy - ANSWER✔✔-Purpose - to tell others specifically what to do


Commitment from others - willing COMPLIANCE


Initial skill used - STATE YOUR PURPOSE CLEARLY


Convincing Strategy - ANSWER✔✔-Purpose - help others see that your solution is the

right way to go


Commitment from others - active AGREEMENT


Initial Skill used - PROVIDE COMPELLING RATIONALE


Involving Strategy - ANSWER✔✔-Purpose - Inviting others to join your solution


Commitment from others - PARTICIPATION Shared responsibilities among all parties


Initial skill used - ENCOURAGING OPEN EXPRESSION


Supporting Strategy - ANSWER✔✔-Purpose - to help others find their own solution


Commitment from others - COMMITMENT their own full responsibility


Initial skill used - SHOWING UNDERSTANDING



Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 1/8

, 5 phases of Business planning model - ANSWER✔✔--define business


-asses current state


-develop goals/objectives


-prepare budget/forecasts


-monitor performance


Trend forecast - ANSWER✔✔-year 5 + average numerical change


Linear trend analysis formula - percentage of change - ANSWER✔✔-year 2 - year 1

divided by year 1


average percentage of change - ANSWER✔✔-sum of all linear trend calculations

divided by number of calculations


profit formula - ANSWER✔✔-Revenue - COGS - expenses


Net operating income - ANSWER✔✔-revenue - COGS + operating expenses


COGS as a percentage of sales - ANSWER✔✔-cost of goods divided by total

merchandise sales


gross margin as a percentage of sales - ANSWER✔✔-gross margin divided by total

merchandise sales


Gross Margin - ANSWER✔✔-Total merchandise sales - COGS




Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 2/8

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