Target Profit Is the Operating Income That Results When Sales

question 125

True/False

Target profit is the operating income that results when sales revenue minus variable and fixed costs equals management's profit goal.

---

Definitions:

Managing Diversity

The practice of acknowledging, understanding, accepting, and valuing differences among people including those of different races, cultures, abilities, and ages.

Moral Issue

A situation or matter that requires individuals or societies to choose between actions that are judged as right or wrong, ethical or unethical.

Human Rights Complaint

A formal grievance or accusation lodged when it is believed that an individual's rights, as protected by human rights laws or conventions, have been violated.

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.