The Difference Between the Value That an Activity Generates and the Cost

question 37

Multiple Choice

The difference between the value that an activity generates and the cost of the activity is called the ________.

• A) margin
• B) revenue
• C) break-even point
• D) value-addition point

---

Definitions:

Corporate Boards

A group of individuals elected by shareholders to oversee the management and governance of a corporation.

Glass Ceiling

A metaphor for the invisible barriers that prevent certain groups from achieving higher ranks in organizations, especially affecting women and minorities.

Change Agent

Someone who acts as a catalyst for change, facilitating and implementing changes within an organization or community to achieve a desired goal.

Workplace

A location where people are employed and perform tasks related to their jobs; can refer to physical or virtual spaces.