Examlex

Solved

Answer the Following Questions Using the Information Below

question 5

Multiple Choice

Answer the following questions 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:
Answer the following questions 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.   -Which option provides the greatest operating income if 600 people attend? A)  Option one B)  Option two C)  Operating incomes are identical. D)  Both the options have 0 operating income as they are operating at breakeven point.
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.


-Which option provides the greatest operating income if 600 people attend?


Definitions:

Cultural Dimensions

Frameworks for understanding the varying psychological, social, and cultural factors that influence different societies and organizations.

Assertiveness

The characteristic of possessing confidence and assertiveness without aggressiveness, while honoring others' rights and beliefs.

Ethics Competency

The ability to understand, develop, and apply ethical principles and standards in professional settings.

Ruben Vardanian

A prominent businessman and philanthropist, known for his contributions to the financial and educational sectors.

Related Questions