Describe Three Types of Physiological Measures, and Give an Example

question 48

Essay

Describe three types of physiological measures, and give an example of each type.

Understand the various job roles and responsibilities in the IT field.

Recognize the importance of soft skills along with technical skills for IT professionals.

Identify the types of IT careers and their requirements.

Understand the concept and implications of outsourcing and offshoring in the IT industry.

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Definitions:

Contribution Margin

The amount by which a product's sales price exceeds its variable costs, used to cover fixed costs and generate profit.

Variable Selling Expenses

Costs that fluctuate with the level of sales activity, such as commissions and shipping fees.

Contribution Margin

The amount remaining from sales revenue after variable expenses are subtracted, used to cover fixed costs and generate profit.

Variable Administrative Expenses

Costs that change in proportion to the activity of a business.