Nathanial Is Focused on People to Determine the Best Way

question 57

Multiple Choice

Nathanial is focused on people to determine the best way to manage in all organizations.Nathanial subscribes to__________.

• A)Behaviorist Theory
• B)Bureaucracy Theory
• C)Human Skill Theory
• D)Maslow's Theory

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Definitions:

Variable Cost Per Unit

The cost associated with producing one additional unit of a product, which varies with the level of production.

Contribution Margin Ratio

The contribution margin ratio calculates the proportion of sales revenue that exceeds variable costs, showing what portion of sales contributes to covering fixed costs and generating profit.

Selling Price

The amount at which a product or service is sold to customers, determined by factors such as market demand, production costs, and competition.

Variable Cost

Costs that vary directly with the level of production or business activity.