A Group of Young Entrepreneurs Seek Your Help in Analyzing

question 22

Essay

A group of young entrepreneurs seek your help in analyzing the feasibility of a business plan that they have. They want to identify the level of production at which the total revenue of the organization equals its total costs. Which control tool would you use to help them?

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Definitions:

Pressures

Forces that influence or urge someone to act or behave in a certain way.

Direct Commands

Instructions given clearly and unequivocally, expecting immediate compliance.

Compliance

When people yield to social pressure in their public behavior, even though their private beliefs have not changed.

Obedience

The act of following the directives of authority figures.