____________________ Procedures Make It Difficult to Transfer and Promote Workers

question 130

Multiple Choice

____________________ procedures make it difficult to transfer and promote workers around on the basis of skills and merit.

• A) Union-mandated
• B) Management rights
• C) Lean production
• D) Seniority-based

---

Definitions:

Contribution Margin Ratio

The percentage of each sale that contributes to covering fixed costs and generating profit, calculated as contribution margin divided by sales revenue.

Total Volume

The cumulative amount or quantity of something, often referring to production output or sales in a business context.

Unit Contribution Margin

The amount each unit sold adds to profit, calculated by subtracting variable costs associated with a product from the sales price per unit.

Break-even Point

The juncture where total expenses match total income, resulting in neither a net profit nor a loss.