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Discuss two important changes in organizational architectural that have swept across North America as a result of increased globalization and the use of IT in today's organizations.
Total Cost Line
A graphical representation showing the total cost associated with producing various levels of output.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed costs in a company's cost structure.
Operating Income
The profit realized from a business's core operations, calculated before interest and taxes are deducted.
Break-even Point
The level of production or sales at which total costs equal total revenue, meaning no net loss or gain is incurred; a crucial financial analysis metric.
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