An Example of a Seasonally Unemployed Worker Would Be

question 147

Multiple Choice

An example of a seasonally unemployed worker would be

• A)a software engineer who is laid off because of declining demand for the software he writes.
• B)a day care provider who quits his job to go back to school.
• C)a General Motors employee loses her job because the company is downsizing its work force.
• D)a ski lift operator who loses his job when the snow melts in the spring.
• E)a mother who quits her job to stay home with her children.

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Definitions:

Controllable Fixed Costs

Fixed costs that a manager or business has the power to influence or change in the short term.

Contribution Margin

The amount of revenue remaining after deducting the variable costs associated with producing a product, used to cover fixed costs and generate profit.

Foreign Subsidiary

A company partially or wholly owned by another company that operates in a country different from the parent company.

Responsibility Center

A unit within an organization for which a manager is accountable, focusing on revenue, costs, or investments.