The _____ Model Focuses on the Development of Policies and Activities

question 20

Multiple Choice

The _____ model focuses on the development of policies and activities based on the assets, skills, and capabilities of lower-income people and their neighborhoods.

• A)asset-based approach
• B)deficiency-oriented
• C)losing-based
• D)social justice

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, indicating the amount available to cover fixed costs and generate profit.

Variable Administrative Expenses

Expenses within the administration sector that fluctuate with the level of business activity, like sales commissions.

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.