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The More the Cost Base Is Composed of Fixed or Indirect

question 88

Multiple Choice

The more the cost base is composed of fixed or indirect costs,the more ______ it is for managers to use cost reduction strategies to protect the organization's profitability in response to decreases in demand for products and services.


Definitions:

Taste

Refers to the individual preference or inclination towards certain experiences, such as flavors, fashion, art, or literature.

Distribution Of Opportunities

Distribution of opportunities involves how chances for education, employment, and social mobility are spread across different groups in society, often reflecting underlying social and economic structures.

Rewards

Rewards pertain to benefits, compensations, or other forms of recognition provided to individuals or groups in acknowledgement of their achievements, behavior, or effort.

Society

A large group of individuals living together in a community, sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

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