In Building a Sustainable Organization,management Should Strive to Make the Organization

question 42

Multiple Choice

In building a sustainable organization,management should strive to make the organization sustainable in three areas - ________.

• A)the economy,performance,and society
• B)the business,the environment,and society
• C)the economy,the environment,and business
• D)the economy,business,and performance
• E)the economy,the environment,and society

Understand the role of earnings before interest and taxes (EBIT) in financial performance measurement.

Make comparisons between companies of different sizes more effective through the use of common size financial statements.

Understand the tactics firms can employ to improve their Economic Value Added (EVA).

Understand the concept of global marketing strategy and its application by multinational firms.

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Definitions:

Units

A standard measure or quantity used to specify or quantify the amount of a product, service, or resource.

Prices

The amount of money required to purchase goods or services.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, crucial for economic and pricing decisions.

Marginal Revenue

The additional income received from selling one more unit of a product or service.