When Obtaining Information on Products and Services from Websites, Discussion

question 39

True/False

When obtaining information on products and services from websites, discussion forums, and blogs, it is important not to assume that vendors' claims are accurate.

---

Definitions:

Break-even Point

The level of sales at which total costs equal total revenue, resulting in no net profit or loss.

Target Profit

The desired profit figure set by a business, which guides pricing, production, and marketing decisions.

Unit Sales

The total quantity of an item or product sold in a particular period.

Contribution Margin Ratio

The percentage of each sales dollar that remains after variable costs have been deducted, contributing towards covering fixed costs and generating profit.