Total Fixed Cost

question 225

Multiple Choice

Total fixed cost

• A) is dependent on production volumes.
• B) stays the same even if production stops temporarily.
• C) includes wages and sales commissions.
• D) is the sum of average fixed costs and variable overheads.
• E) is dependent on minor changes in output volume.

Recognize the significance and utility of organization charts.

Understand the concept and benefits of departmentalization.

Describe the impact of organizational structure on decision making and flexibility.

Recognize the challenges associated with different organizational structures.

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Definitions:

Job Duties

Specific responsibilities, tasks, and functions that are expected to be performed as part of a particular job role.

Appreciative Inquiry

A management approach that focuses on identifying and leveraging an organization's strengths and successes to improve and transform it.

Refreezing

The final stage in the change process where new behaviors, norms, and values are solidified into the organization's culture, ensuring the change is sustainable.

Positive Elements

Aspects or components of a situation or environment that contribute positively to the desired outcome or goal.