An 8 Year Project Is Estimated to Produce a Product

question 90

Multiple Choice

An 8 year project is estimated to produce a product with the following information: selling price = $80 per unit; variable costs are $65 per unit; fixed costs are $20,000; required return is 10%; initial investment = $200,000.Calculate the financial break-even.

• A)3,000
• B)3,833
• C)4,000
• D)4,833

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Definitions:

Operating Plans

Detailed outlines of how organizational goals will be achieved within a specific period of time, detailing the resources, tasks, and schedules required.

Behavior Modification

The use of empirical and operant conditioning techniques to change undesirable behaviors into more desirable ones.

Organizational Learning

The process by which an organization improves its ability to achieve goals through the acquisition and application of knowledge.

Political Skills

The ability to effectively navigate organizational politics and influence others to achieve goals.