(Price - Variable Costs) Is Also Called

question 51

Multiple Choice

(Price - variable costs) is also called .

• A) profit
• B) contribution per unit to fixed costs
• C) maximum sales volume
• D) fixed price units per contribution

---

Definitions:

Centralization

The organizational structure decision to concentrate decision-making authority and control at higher levels of management.

Supply Policies

Guidelines and rules set by an organization to govern its procurement activities and relationships with suppliers.

Purchasing Consortia

Groups of businesses that come together to aggregate their purchasing volume in order to negotiate better prices and terms from suppliers.

Confidentiality

The requirement to keep certain information private, not disclosing it to unauthorized individuals or parties.