If You Have Prepared a Speech but Do Not Plan

question 29

Multiple Choice

If you have prepared a speech but do not plan to use the same exact wording during the presentation,you will be speaking _______.

• A)from a manuscript
• B)from memory
• C)in an impromptu manner
• D)extemporaneously

Understand the concept of sales price per unit, variable cost per unit, and fixed cost.

Able to compute contribution margin ratio and understand its significance.

Compute the margin of safety in dollars and understand its importance for business stability.

Understand the concept of sales mix and its impact on break-even analysis.

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Definitions:

Labor-Force Participation Rate

The proportion of the working-age population that is either employed or actively looking for employment.

Unemployment Rate

The percentage of the labor population that is job-free but in active pursuit of employment.

Labor-Force Participation Rate

The portion of the working-age population that is engaged in or seeking employment, including both employed and unemployed individuals.

Unemployment Rate

The percentage of people in the labor pool who are without employment and are actively hunting for jobs.