When using CVP analysis, why is it important to consider qualitative factors? Provide one example of a qualitative factor and explain how it might affect a decision
While quantitative or monetary factors are important, qualitative factors often affect monetary factors in the long run and, therefore, become very important. For example, before raising the price of a product, managers must consider the effect that the price increase might have on consumers (qualitative factor). Another example is a change in direct materials used for production. If the quality of the product will diminish (qualitative factor), then the monetary savings may be eliminated.
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A) Change your message into passive voice. B) Eliminate abstract wording. C) Replace simple words with more impressive vocabulary. D) Add slang to your message to make it livelier. E) Be careful not to use a conversational style.
Which of the following is true of a job?
A.) A job is an output that comes from the accomplishment of tasks. B.) A job is a grouping of tasks, duties, and responsibilities that constitutes the total work assignment for an employee. C.) Even if the tasks, duties, and responsibilities change over time, a job should not change. D.) A job needs to be divided into types of work so that it can be coordinated in some logical way.
If Susana Lopez, a board member for 2M, Inc., was invited to serve on the board of directors for May and Man, Corp., a competitor, which of the following laws would dictate that she must refuse the invitation?
A. Sherman Act B. Clayton Act C. TheFederal Trade Commission Act D. Celler-Kefauver Act