A Firm That Employs Relatively Large Amounts of Labor- Saving

question 47

Multiple Choice

A firm that employs relatively large amounts of labor- saving equipment in its operations will have a relatively ____ degree of operating leverage.

• A) low
• B) constant
• C) insignificant
• D) high

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Definitions:

Market Value Ethics

The ethical considerations surrounding the determination and influence of market value in business and finance.

Corporate Manager

An individual responsible for planning, directing, or overseeing the operations and development of a corporation.

Benefits to Shareholders

Benefits to shareholders refer to the advantages or gains, such as dividends and increase in share value, that shareholders receive from their investment in a company.

Cost to Corporation

The total expenses incurred by a company in the production of goods or services or in its general operations.