Capacity Utilization = Actual Output/Capacity X 100

question 26

True/False

Capacity Utilization = Actual Output/Capacity x 100%.

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Definitions:

Repurchase

The act of buying a product or service again, indicating customer loyalty or satisfaction.

Objective and Task

A marketing budgeting method where specific objectives set the tasks and activities to achieve them, determining the required budget.

Competitive Parity

A strategy where a company sets its prices or budgets equivalent to its competitors to avoid price wars and stabilize market share.

Percentage of Sales

A financial metric that compares a particular figure or expense to the total sales of a company, typically used to assess the financial health or efficiency of business operations.