A Virtual Organization Is Also Known as A(n) ________ Organization

question 91

Multiple Choice

A virtual organization is also known as a(n) ________ organization.

• A) boundaryless
• B) electronic
• C) modular
• D) pyramidal
• E) triangular

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Definitions:

Fixed Cost

Expenses that do not change with the level of production or sales activities, such as rent, salaries, and insurance premiums.

Screen Printing

A printing technique where a mesh is used to transfer ink onto a substrate, except in areas made impermeable to the ink by a blocking stencil.

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net gain or loss for a business.

Contribution Margin

Contribution margin is the amount of revenue remaining after deducting the variable costs of producing a product, indicating how much contributes to covering fixed costs and generating profit.