A manager who wants to determine the percentage impact on income of a given percentage change in sales would multiply the percentage increase/decrease in sales revenue by the:
A. gross margin.
B. operating leverage factor.
C. contribution-margin ratio.
D. safety margin.
E. contribution margin.
Answer: B
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Which of the following statements is true of pricing decisions?
A) Market-based pricing starts with a good understanding of customer needs and the benefits that a product offers relative to competitors' products. B) The business with the lowest price will always offer customers the best economic value. C) It is possible to implement market-based pricing with low levels of customer and competitor intelligence. D) Competitors' product-price positioning and company product-price positioning are the two primary determinants in setting a cost-based price. E) Cost-based pricing takes into account what the customer would be willing to pay for a certain level of product performance.
One reason people are motivated to manage impressions is ______.
A. the relevance of the goal of the impressions B. their interest in sticking with their current image C. peer pressure D. impression management
The controlling mechanism for a gold-based exchange system and a floating rate system are the same.
Answer the following statement true (T) or false (F)
As a supervisor, you have talked to an employee about her continual tardiness. Organizational procedure requires documentation of this conversation
Indicate whether the statement is true or false