An Attitude Is ________

question 46

Multiple Choice

An attitude is ________.

• A)a change in behaviour caused by information or experience
• B)a lasting evaluation of a person,object,or issue
• C)the set of unique psychological characteristics that consistently influence the way a person responds to situations in the environment
• D)the process by which people select,organise,and interpret information from the outside world
• E)an internal state that drives us to satisfy needs

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Definitions:

Contribution Margin

The difference between a company's sales revenue and its variable costs, indicating how much revenue contributes to covering fixed costs.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs a company has.

Degree of Operating Leverage

A financial ratio that measures the sensitivity of a company's earnings before interest and taxes (EBIT) to a percentage change in sales, indicating the impact of fixed costs on profits.