Which of the Below Key Terms Represents the Types of Decisions

question 92

Multiple Choice

Which of the below key terms represents the types of decisions made at the operational,managerial,and strategic levels of a company?

• A) Structured decisions
• B) Unstructured decisions
• C) Semi-structured decisions
• D) All of these choices

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Definitions:

Unit Contribution Margin

The amount each unit sold contributes towards covering fixed costs and generating profit, calculated as the sales price per unit minus variable cost per unit.

Fixed Costs

Costs that do not vary with the volume of output, such as rent, salaries, and insurance.

Target Net Profit

The desired bottom-line profit that a company aims for after all expenses have been subtracted from revenue.

Safety Margin

The difference between your actual or projected sales and the sales level needed to break even.