Contribution Margin Is the Amount of Revenues Remaining After Deducting

question 61

True/False

Contribution margin is the amount of revenues remaining after deducting cost of goods sold.

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Definitions:

Flexible Work Design

An approach to work that allows for alternative schedules, locations, and duties to accommodate employees' needs.

Technological Force

Technological force refers to the impact that advancements in technology have on the economy, society, and organizational processes, often driving innovation and change.

Automation

Automation involves using technology and machinery to perform tasks with minimal human intervention, aimed at increasing efficiency and productivity.

Attracting Human Resources

The process or strategies employed by organizations to identify, engage, and recruit potential employees with desirable skills and attributes.