Any Attempt to Improve Managerial Performance by Imparting Knowledge, Changing

question 48

Multiple Choice

Any attempt to improve managerial performance by imparting knowledge, changing attitudes, or increasing skills is called .

• A)on-the-job training
• B)coaching
• C)management development
• D)performance improvement programs
• E)diversity training

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Definitions:

Contribution Margin Ratio

The contribution margin ratio is the percentage of revenue that exceeds total variable costs, indicating how much of the sales revenue is available to cover fixed costs and generate profit.

Sales Dollars

The total revenue generated from the sale of goods or services, expressed in monetary units.

After Tax Profit

The net income a company retains after deducting all taxes owed to the government.

Income Tax Rate

The percentage of an individual or corporation's income that is paid to the government as tax.