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Adam is a first-line manager for Idle Time Gaming,Inc. ,a company whose values and focus is innovation.Having recently transferred in from a traditional retail top/down) company,which of the following changes will the new company expect Adam to embrace?
Contribution Margin
The contribution margin represents the portion of sales revenue that is not consumed by variable costs and is available to cover fixed costs, contributing to profit.
Fixed Cost
A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
Hard Rationing
A situation where capital is not available to a company under any circumstances, often due to economic conditions or poor company performance.
Soft Rationing
A situation where a company limits the amount of funding or capital it allocates to new or ongoing projects, often due to internal policy decisions.
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