The Communication Process Shows That

question 170

Multiple Choice

The communication process shows that

• A)sources and receivers need a common frame of reference to communicate effectively.
• B)the receiver is usually not influenced by the nature of the message channel.
• C)sources decode messages and receivers encode them.
• D)all media appear to be equally effective as message channels.
• E)source sends feedback to the receiver.

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Definitions:

Contribution Margin

Contribution margin is the difference between sales revenue and variable costs of a product or service, highlighting how much revenue contributes towards covering fixed costs and generating profit.

Fixed Manufacturing Overhead

The portion of manufacturing overhead costs that remains constant regardless of the level of production, such as salaries of supervisors and rent of the factory.

Outside Supplier

An external company or individual that provides goods or services to another company.

Contribution Margin

The amount by which sales revenue exceeds variable costs, indicating how much revenue contributes towards covering fixed costs and generating profit.