A Primary Strength of the ____ Approach Is That It

question 147

Multiple Choice

A primary strength of the ____ approach is that it enhances personal commitment through participation.

• A) authoritarian
• B) democratic
• C) laissez-faire
• D) 5,5 style
• E) low structure

---

Definitions:

Volume of Sales

The total quantity of goods or services sold by a business within a specific time period, which can indicate the company's level of activity and market reach.

Break-even Point

The quantity of sales at which total revenues equal total costs, resulting in no net profit or loss.

Cost-volume-profit Chart

A graphical representation that shows the relationship between a company's costs, sales volume, and profit.

Operating Leverage

A financial ratio that measures the proportion of fixed costs to variable costs in a company's cost structure, indicating how a change in sales volume can impact profits.