What is the break-even point of an organization?
What will be an ideal response?
When organizations invest in new products and services, they want to know the point at which the revenue from
that product or service will equal or exceed its costs. The point is called the break-even point. Break-even points
can be described in units (i.e., how many units must we produce before we begin to turn a profit?) or in time (at
what time in the future will we begin to make a profit?).
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An opportunity cost of renting a home rather than buying it is
A) the price of the home. B) the monthly rent. C) potential price appreciation of the home. D) putting up with other renters' noise.
When you include another person's ideas in a report, you should
A) include the entire section so readers can see it in context. B) put quotation marks around any information you paraphrase. C) avoid plagiarism by rearranging or omitting a few words. D) paraphrase various sources, without attribution, as needed for your purpose. E) use direct quotations when you cannot improve on the wording.
Which of the following is correct concerning anti-takeover efforts?
a. Most states have passed laws to deter hostile takeovers, but these statutes have not totally eliminated hostile takeovers. b. Federal statutes have been more effective than state statutes in eliminating hostile corporate takeovers. c. The most effective federal statute has been the Poison Pill Act. d. The Williams Act has been the most effective legislation in regulating of the actions of the target company.
Homer can write checks on his account at InterCity Bank. Jemma steals the checks, forges Homer's signature, and cashes the checks at InterCity. The bank is excused from any liability if, after receipt of the first forged check, Homer fails to report the forgeries within A) fourteen days
B) one year. C) six days. D) six months.