This Is the Last Step in the Launch Management System

question 24

Multiple Choice

This is the last step in the launch management system and decides,if required,when the contingency plan must be turned loose.

• A)Selecting potential problems to control
• B)Selecting the trigger points
• C)Developing contingency plans
• D)Ranking and controlling potential problems

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Definitions:

Margin of Safety Ratio

This ratio measures the difference between actual or expected sales and sales at the break-even point, indicating the buffer against a loss.

Dollar Amount

Refers to the value or cost of something expressed in units of currency.

Break-even Point

The level of production or sales at which total revenues equal total expenses, resulting in no net loss or gain.

Variable Costs

Costs that fluctuate in direct relation to the level of production or volume of operations in a business.