Developing a Set of Specific Qualitative and Quantitative Screening Criteria

question 239

True/False

Developing a set of specific qualitative and quantitative screening criteria can help a manager define what business and markets the firm wants to compete in.

---

Definitions:

Western Division

Typically refers to a geographic or organizational segment of a company located in the western region or sector it operates in.

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance.

Break-even Sales

The amount of revenue required to cover total costs, both fixed and variable, with no profit or loss.

Fixed Expenses

Fixed costs, encompassing rent, salaries, and insurance, that are unaffected by changes in production or sales activity.