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Explain Why Some Costs Are Considered to Be Variable and Some

question 123

Essay

Explain why some costs are considered to be variable and some fixed.How does time enter into the definition?


Definitions:

Motives

Internal drives that prompt individuals to take action or behave in a certain way.

Internal Locus

An individual's belief that they can control their own destiny through their decisions and actions.

Managerial Effectiveness

The degree to which a manager achieves the desired output and outcomes through efficient allocation and utilization of resources.

Socially Responsible Behavior

Actions by individuals or organizations aimed at contributing positively to society and the environment.

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