Managers Should Always Minimize the Fixed Costs in Their Organisation

question 31

True/False

Managers should always minimize the fixed costs in their organisation as fixed costs are incurred regardless of sales volume.

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Definitions:

Fear and Force

Applies to methods of control or influence based on inducing fear or the application of coercion, often seen as negative leadership or management tactics.

Performance Standards

The expected levels of performance and achievements for a task, role, or activity within an organization.

Evaluating

The act of assessing or judging the value, nature, ability, or quality of something or someone.

Seeking Direction

The process of seeking guidance or clarification on what actions or decisions to make next.