What Step Should Managers Take to Avoid Expensive and Time-Consuming

question 39

Multiple Choice

What step should managers take to avoid expensive and time-consuming litigation, resulting from not complying with human rights legislation?

• A) Managers should use supervisors to deal directly with employees.
• B) Managers should take a human rights course to ensure they understand the laws thoroughly.
• C) Managers should develop an awareness of their personal biases.
• D) Unintentionally breaking human rights laws is not a punishable crime.

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Definitions:

Contribution Margin Ratio

The percentage of each sales dollar remaining after deducting variable costs, indicating how much contributes to covering fixed costs and generating profit.

Operating Income

Income generated from a company's regular business operations, excluding expenses such as taxes and interest charges.

Variable Costs

Expenses that vary directly with the level of production or sales, such as materials and labor.

Break-even Sales

The amount of revenue required to cover total fixed and variable costs, resulting in zero profit or loss.