In Which of the Following Managerial Activities Would Learning Curves

question 165

Multiple Choice

In which of the following managerial activities would learning curves probably be the least useful?

• A)negotiated purchasing
• B)manpower planning
• C)location analysis
• D)budgeting
• E)pricing new products

---

Definitions:

Cement Manufacturer

A business involved in the production and sale of cement, a key ingredient in concrete.

Margin Of Safety

The difference between the actual or expected profitability of a project and the break-even point, often used as a risk assessment measure.

Contribution Format

An income statement format that separates fixed and variable costs, highlighting the contribution margin.

Income Statement

An accounting document reflecting a business's earnings, outlays, and gains for a particular period.