Many US Firms Are Increasing the Emphasis on the Number of of Product

question 68

True/False

Many U.S. firms are increasing the emphasis on the number of product line managers.

---

Definitions:

Net Operating Income

Income from a company's everyday business operations, excluding taxes and interest expenses; a key indicator of a company’s financial performance.

Planning Budget

A budget designed at the beginning of a budgeting period that is based on projected values and assumptions for that period.

Fixed Cost

Costs that do not change with the level of production or sales volume, such as rent or salaries.

Other Expenses

Costs not directly related to the production of goods or services, including administrative and general expenses.