The Break-Even Point Is

question 65

Multiple Choice

The break-even point is:

• A)the point where zero contribution margin is earned.
• B)the point where zero profit is earned.
• C)the point where selling price just equals variable cost.
• D)equal to sales revenue less fixed costs.

---

Definitions:

Organizational Culture

The shared values, beliefs, practices, and norms that define an organization's social and psychological environment.

Edgar Schein

A notable American organizational psychologist, known for his contributions to the understanding of organizational culture.

Assumptions

Beliefs or ideas taken for granted without verification that support our views and decisions.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members within an organization.