The Following Information Is Available for Binder Inc _____ Is the Contribution Controllable by the Manager of the Divisions

question 43

Multiple Choice

The following information is available for Binder Inc.and its two divisions, Books and Periodicals: $\begin{array}{cccc}&\text { Company } & \text { Books } & \text { Periodicals } \\&\text { as a whole } & \text { Division } & \text { Division }\\\hline\text { Net sales } & \$ 100,000 & \$ 50,000 & \$ 50,000\\\text { Fixed costs: }\\\text { Controllable by }\\\text { division manager } & 16,500 & 12,500 & 4,000 \\\text { Controllable by others } & 8,000 & 5,000 & 3,000 \\\text { Variable costs: } & & & \\\text { Cost of merchandise sold } & 24,500 & 17,500 & 7,000 \\\text { Operating expenses } & 16,400 & 10,000 & 6,400\\\text { Unallocated costs }&1,000\end{array}$ _____ is the contribution controllable by the manager of the Periodicals Division.

• A)$29,600
• B)$36,600
• C)$36,000
• D)$32,600

Comprehend the evolving definition and significance of teamwork in organizational contexts.

Identify the factors that influence team effectiveness according to models by Hill, Larson, LaFasto, and Hackman.

Analyze the role of leadership in facilitating team performance and addressing team problems.

Recognize the benefits and challenges of virtual versus face-to-face team meetings.

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Definitions:

Primary Market

The financial market for new issues of securities, where buyers purchase directly from the issuer.

Stop-Buy Order

An order to purchase a security once its price surpasses a particular point, typically to limit a loss or protect a profit on a short sale.

Provide Liquidity

To provide liquidity means to make assets easily convertible into cash or to facilitate the ease of buying or selling assets in the market without affecting their price significantly.

Dealers

Individuals or entities that act as principals in trading securities, buying and selling for their own accounts.