The Breakeven Point for a Service Organisation Will Decrease If

question 29

Multiple Choice

The breakeven point for a service organisation will decrease if

• A) The variable cost ratio increases
• B) The mix of less profitable services increases
• C) The contribution margin ratio increases
• D) Fixed costs increase

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Definitions:

Response Sets

Response sets refer to a pattern of responding to questions in a particular way irrespective of the content, often leading to biased outcomes in surveys or psychological tests.

Deliberate Deception

Intentionally misleading or lying to others, often to gain a personal advantage or to manipulate a situation.

Self-Actualization

Achieving one's natural talents and potential, conceived as an inborn yearning or necessity for everyone.

Growth Need

A theory in psychology that pertains to an individual's desire for personal development and self-improvement.