Which of the Following Activities Involves Coordinating and Allocating a Company's

question 155

Multiple Choice

Which of the following activities involves coordinating and allocating a company's resources so that the company can carry out its plans and achieve its goals?

• A) organizing
• B) resource planning
• C) controlling
• D) implementing

---

Definitions:

Contribution Margin

The gap between income from sales and variable expenses, which is utilized to pay for fixed expenses and produce earnings.

Selling Price

Selling price is the amount a buyer pays to purchase a product or service from a seller.

Variable Cost

Costs that change in proportion to the level of goods or services produced, such as materials and labor costs.

Fixed Cost

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance, providing predictability but fixed financial commitments.