Answer the following question(s) using the information below.Southwestern College is planning to hold a fund raising banquet at one of the local country clubs.It has two options for the banquet:
Southwestern College has budgeted $1,800 for administrative and marketing expenses.It plans to hire a band which will cost another $800.Tickets are expected to be $30 per person.Local business supporters will donate any other items required for the event.
-What is the degree of operating leverage for both options if 600 people attend?
Definitions:
Focus Groups
A qualitative research method that involves gathering insights from a small, diverse group of people about their opinions, beliefs, and attitudes towards a product, service, or concept.
Government Mandates
Requirements set by governments that organizations must follow, often related to regulations, safety standards or operational procedures.
Toxic Emissions
Harmful pollutants released into the environment, particularly through processes like manufacturing, automobile exhaust, and energy production.
Manufacturing Facilities
Physical locations equipped with machinery and tools where goods are produced on a large scale.
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