How Are Managing H&T Organizations Different from Managing Manufacturing Organizations

question 39

Essay

How are managing H&T organizations different from managing manufacturing organizations?

---

Definitions:

Contribution Margin Ratio

The percentage of sales revenue that exceeds variable costs, indicating the portion available to cover fixed costs and generate profit.

Operating Income

Income generated from a company's ongoing, core business operations, excluding deductions of interest and taxes.

Variable Costs

Costs that vary directly with the level of production or business activity.

Income From Operations

Income From Operations is the profit realized from a business's operational activities, excluding any investment income or taxes.