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:

Transference

Applicability Of Training To Job Situations; evaluated by how readily the trainee can transfer the learning to the job.

Participation

The act of taking part or getting involved in activities or discussions, often referring to employees’ involvement in decision-making processes within an organization.

Repetition

The act of repeating something, often to emphasize or ensure understanding.

Development

Planned activities aimed at providing employees with enhanced skills and competencies for the future.