The Skills,knowledge and Behaviours That Distinguish High Performance in a Board

question 6

Multiple Choice

The skills,knowledge and behaviours that distinguish high performance in a board role,function or level of the organization is known as:

• A)Level of development.
• B)Competencies.
• C)Employee talent.
• D)Job skills.
• E)Talent profile.

Understand the concept of operating leverage and its impact on business profits in response to sales changes.

Perform a detailed financial analysis to determine sales levels needed for desired profit outcomes.

Apply break-even analysis to multi-product scenarios, including calculating sales mix and contribution margins.

Calculate and interpret operating income changes based on projected sales increases and operating leverage.

---

Definitions:

Demand-Pull Inflation

An economic condition where prices rise because the demand for goods exceeds supply.

Cost-Push Inflation

Inflation caused by an increase in the cost of production, such as higher raw material costs, which is passed on to consumers in the form of higher prices.

Creditors

Creditors are individuals, businesses, or institutions that lend money or extend credit to others, expecting repayment in the future.

Debtors

Individuals or entities that owe money to someone else, usually as a result of borrowing funds.