Which One of the Following Is a Measure of the Performance

question 116

Multiple Choice

Which one of the following is a measure of the performance of the manager of a profit centre?

• A)ROI
• B)success in meeting budgeted goals for non-controllable costs
• C)amount of controllable margin generated
• D)amount of residual income generated

Identify the appropriate measure of central tendency for data measured on various scales.

Understand the concept of consumer surplus and how it is determined.

Comprehend how total and marginal utility impact consumption decisions.

Identify the economist Alfred Marshall's contribution to the concept of consumer surplus.

---

Definitions:

Overtax

To burden with excessive demands or taxes.

Human Resources

The department within an organization that is responsible for managing employee-related processes, including recruitment, training, and compliance with employment laws.

Human Resources

Refers to the department within an organization that is responsible for managing and supporting its employees, including recruitment, training, and benefits administration.

Perfect Candidates

Ideal applicants for a job who meet all the specified qualifications and requirements to a high degree.