In EduTech,a Software Company,the Views and Suggestions of Managers Are

question 23

Multiple Choice

In EduTech,a software company,the views and suggestions of managers are considered unquestionable and employees never go against what has been suggested by the managers.Sole authority rests in the hands of the managers.What is this an example of?

• A) uncertainty avoidance
• B) power distance
• C) individualism
• D) gender focus

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Definitions:

Contribution Margin

Contribution margin represents the amount by which sales revenue exceeds variable costs, indicating how much revenue is contributing to covering fixed costs and generating profit.

Net Income

The net income of a business following the deduction of all taxes and expenses from its overall revenue.

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to its sales volume, indicating how a change in sales will affect profits.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.