Examlex
Which of the following is one of the three variables proposed by a basic OB model which refers to actions that individuals, groups, and organizations engage in as a result of inputs?
Square Footage
The measurement of area, especially used in reference to the size of a building or room, calculated in square feet.
Contribution Margin
The amount remaining from sales revenue after all variable expenses have been deducted.
Contribution Margin
Contribution Margin is the selling price per unit minus the variable cost per unit, indicating how much of a product's sales contribute towards fixed expenses and profit.
Net Income
The profit of a company after all expenses and taxes have been subtracted from total revenue; a key indicator of financial health.
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