In Face of Change,an Entrepreneur Must Take into Consideration How

question 13

Multiple Choice

In face of change,an entrepreneur must take into consideration how the change impacts the company and ________.

• A)prepare a new business plan
• B)organize a new R & D project
• C)explain changes to employees
• D)hire an external consultant

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to the fixed costs and profits.

Scatter Diagram

A graph used in statistics to visually display and assess the possible relationship between two numerical variables.

Visual Line Fit

A method in statistical analysis where a line is visually fitted to a set of data points to assess a potential relationship.

Scatter Diagrams

are graphical representations used in statistics to show the relationship between two variables, displaying data points on a two-dimensional plot.