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The sociologist, Erving Goffman, coined the term "dramaturgical sociology." By this he meant, in part, that all of social life is acted out according to predetermined scripts that we play on the "stages" of life. What were the social scripts these young men and women adhered to on the dance floor?
Unsold Units
Inventory items that were not sold during a specific period and are carried over to the next period.
Operating Efficiency
A measure of how well a company uses its resources to produce outputs, often assessed by comparing inputs to outputs in production processes.
Absorption Costing
An accounting method that includes all manufacturing costs, direct and indirect, in the cost of a product.
Operating Income
The profit realized from a business's core operations, excluding deductions of interest and tax as well as income from non-operating activities.
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