Explorers Differ from Developers When Defining Creative Products in That

question 10

Multiple Choice

Explorers differ from Developers when defining creative products in that:

• A)Explorers use vague, general standards, while Developers are very specific.
• B)Explorers use different criteria for every task, but Developers use the same criteria for all tasks.
• C)Developers aren't really concerned with creativity in their products.
• D)Developers emphasize usefulness more than novelty, and Explorers place more emphasis on novelty.

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Definitions:

Contribution Margin

Contribution margin represents the amount by which sales revenue exceeds variable costs, indicating how much revenue is contributing to covering fixed costs and generating profit.

Net Income

The net income of a business following the deduction of all taxes and expenses from its overall revenue.

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's operating income to its sales volume, indicating how a change in sales will affect profits.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.