A company's normal operating range, which excludes extremely high or low operating levels that are not likely to occur, is called the:
A. Margin of safety.
B. Relevant range.
C. Contribution range.
D. Break-even point.
E. High-low point.
Answer: B
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Discuss the burden placed on people or organizations contacted as references for job candidates. How do organizations cope with this burden?
What will be an ideal response?
Which of the following statements is true of a target market?
A. Uncontrollable elements continually evolve and create changes in a target market. B. Managers can control the external environment that molds and reshapes a target market. C. Environmental scanning is performed by firms in order to prevent changes in a target market. D. Unlike uncontrollable variables, controllable variables do not affect a target market.
Which of the following is a drawback of using profit sharing?
A. It increases the probability of individual competition. B. It runs the risk of contributing to employee dissatisfaction. C. It fails to make labor costs more variable. D. It promotes competition between work groups. E. It promotes individual goals rather than organizational goals.
Sauces n'Syrups, Inc, and Thad's Sweet & Spicy Bottling Plant have a manufacturing franchise arrange-ment. This involves the transfer of? A) a license
B) a trade name. C) the formula to make a certain product. D) the ownership of the business.