Contribution Margin Would Be the Most Important Variable in Evaluating

question 45

Multiple Choice

Contribution margin would be the most important variable in evaluating the performance of:

• A) A cost center.
• B) A production center.
• C) An investment center.
• D) A profit center.

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Definitions:

Employee Discipline

The enforcement of organizational rules and policies to rectify and prevent unacceptable behavior by employees.

Progressive Discipline

A system of dealing with job-related behavior that does not meet expected and communicated performance standards, starting with the least severe action.

Organisational Expectations

The standards, goals, and performance criteria that an organization sets for its employees or members to guide their behavior and work output.

Clan Control

Influences behaviour through norms and expectations set by the organisational culture.