Computerized Management Games Are Good Developmental Tools for All of the Following

question 63

Multiple Choice

Computerized management games are good developmental tools for all of the following reasons except

• A)fostering teamwork.
• B)development of problem-solving skills.
• C)development of computer skills.
• D)development of leadership skills.
• E)fostering cooperation.

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Definitions:

Contribution Margin

The amount by which sales revenue exceeds variable costs of production, indicating how much contributes to covering fixed costs and generating profit.

EBIT

A financial indicator, Earnings Before Interest and Taxes, reflects a company's earnings by removing the effects of interest and tax expenses.

Fixed Costs

Costs that do not change with the level of output or sales in the short term.

EPS

Earnings Per Share, a measure of a company's profitability, calculated as net income divided by the number of outstanding shares.