Examlex

Solved

Kelly Is Planning a Spring Break Trip and Checking the Prices

question 195

Multiple Choice

Kelly is planning a spring break trip and checking the prices of hotels in Daytona,Florida.She visits the website Hotels.com to do a search and is also shown prices from several other travel websites.Hotels.com is utilizing ________ to allow its online shoppers to compare prices.​


Definitions:

Sales

Revenue generated from goods or services exchanged by an entity during its normal business operations.

Break-even Analysis

An assessment to determine the sales volume at which total revenues equal total costs, indicating no net loss or gain.

Cost-volume-profit Analysis

An accounting technique that analyzes how changes in costs, sales volume, and price affect a company's profit.

Contribution Margin Ratio

The contribution margin ratio quantifies the portion of sales revenue that is not consumed by variable costs and is available to cover fixed costs and generate profit.

Related Questions