Which Term Is Used to Describe the Degree of Urgency

question 36

Multiple Choice

Which term is used to describe the degree of urgency an individual attaches to the satisfaction of a particular need?

• A) hierarchy of needs
• B) need deprivation
• C) needs analysis
• D) need salience

---

Definitions:

Dollar Sales

The total value of goods or services sold, measured in dollars, within a specific period of time.

Target Profit

The desired net income a company aims to achieve within a specific period.

Contribution Margin Ratio

The contribution margin ratio is the percentage of each sales dollar remaining after deducting variable expenses, indicating how much of each dollar contributes to fixed expenses and profit.

Operating Leverage

An indicator of the way in which growth in revenue results in an increase in operating profit, revealing the ratio of fixed to variable expenses within a business.