By the 1930s Control of Most Large Corporations Had Passed

question 58

Short Answer

By the 1930s control of most large corporations had passed to ___________________.

Understand the distinction between abstract and concrete terms.

Recognize and apply the proper use of specialized language, including jargon and buzzwords, within specific professional contexts.

Identify the impact of clichés and buzzwords on business communication.

Recognize and follow grammatical rules in crafting messages.

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Definitions:

Departmental Contribution

The amount of income earned by a specific department after direct costs associated with the department have been subtracted.

Overhead

The ongoing administrative, general, and maintenance expenses incurred during the production process, not including direct labor or materials costs.

Profit Centers

Parts of an organization that are responsible for generating revenue and evaluated based on their profitability.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by the cost of the investment.