Angelique is paid a flat rate of $2 per pair of pants that she sews at work. Angelique is being paid on a:
A. bonus rate basis
B. merit pay basis
C. differential piece-rate system
D. level piece system
E. straight piece-rate system
E. straight piece-rate system
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Direct marketing is the optimal promotion tool for building personal and long-lasting relationships with customers
Indicate whether the statement is true or false
The following explains contribution margin ________.
A. sales minus fixed cost B. fixed cost minus variable cost C. sales minus variable cost minus fixed cost D. sales minus variable cost
Demonstrating ________ will most likely help a company to achieve its business objectives
A) a large promotional budget plus awards for creative advertising B) good corporate governance and transparency C) brief public communication and limited interaction with the media D) an ability to pull off successful publicity stunts and media events E) synergy and cooperation between public relations and legal staff
Which of the following statements about C-V-P is false?
a. If the sales price per unit decreases, the break-even point will increase. b. If the variable cost per unit decreases, the break-even point will decrease. c. If the total fixed costs decrease, the break-even point will decrease. d. If the contribution margin per unit increases, the break-even point will increase.