What Is the Degree of Operating Leverage for July

question 37

Multiple Choice

What is the degree of operating leverage for July?

• A) The same as that for June.
• B) Higher than that for June.
• C) Lower than that for June.
• D) Not determinable.June CM = 8,000 * 10.30 = 82,400 DOL = 82,400/(82,400 - 80,000)= 34.33.

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Definitions:

Firm-Specific Human Capital

The unique knowledge, skills, and abilities employees develop that are valuable to a particular organization but not necessarily transferable.

Generic Human Capital

Refers to the broad and universally applicable skills, knowledge, and experience that individuals possess, which can be transferred and applied across various industries and roles.

Generic Human Capital

Skills, knowledge, and abilities possessed by an individual that are not specific to any one job or company, making them valuable across different roles and industries.

Competencies

The combination of observable and measurable knowledge, skills, abilities, and personal attributes that contribute to enhanced employee performance and ultimately result in organizational success.