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In the ____ change outcomes image, the assumption is that managers often have great difficulty in achieving intentional change outcomes.
Operating Leverage
An indicator of how increases in revenue lead to expansions in operating income, showing the level of fixed expenses within a company's cost framework.
Fixed Costs
Costs that do not change with the level of goods or services produced by a business.
Variable Costs
Expenses that change in proportion to the activity of a business, such as the cost of raw materials or production costs.
Variable Costs
Costs that vary directly with the level of production or output.
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