Which of the Following Sets of Resources Is Used by an Organization

question 23

Multiple Choice

Which of the following sets of resources is used by an organization to transform inputs into outputs?

• A) human, logistical, administrative, and financial
• B) data bases, inventory, customers, and employees
• C) human, information, physical, and financial
• D) sales, service, marketing, and policies

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Definitions:

Pretax Profit

The profit earned by a company before any tax is deducted, showing the company's earnings directly from its operations.

Break-Even Point

The financial state where total costs equal total revenues, resulting in no net loss or gain for the business.

Variable Costs

Spendings that move in tandem with the level of output or number of sales.

Sales Dollars

The total revenue generated from the sale of goods or services before any expenses are deducted.