In a Decision as to Whether or Not to Drop

question 140

True/False

In a decision as to whether or not to drop a product, fixed costs that have been allocated to that product are generally not relevant unless there is a savings of fixed costs as a result of dropping the product.

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Definitions:

Organizational Behavior

The study of individual and group dynamics within organizational settings, aiming to understand and improve workplace performance, motivation, and culture.

Societal Influences

The effects of societal norms, values, and culture on an individual's behavior and decisions.

Environmental Influences

External factors that affect an individual's behavior, decisions, and lifestyle.

Performance Appraisals

The systematic evaluation of employees' job performance and productivity to provide feedback, guide future performance, and inform decisions on promotions, compensations, and development.