Break-Even Analysis

question 214

Multiple Choice

Break-even analysis

• A) assumes that the demand curve is perfectly horizontal at the selling price.
• B) reveals the price that will earn the highest profit.
• C) cannot be used for comparing several different alternatives (for example, assuming different prices).
• D) considers the effect of price on the quantity that consumers will want.
• E) None of these alternatives is correct.

---

Definitions:

360-degree Feedback

A performance appraisal method where an employee receives anonymous feedback from all directions – supervisors, peers, subordinates, and sometimes external parties like clients.

Employee Development

The continuous effort to improve employee skills and competencies through training and career opportunities, enhancing both individual and organizational performance.

Salary Determination

Refers to the process by which the compensation levels for job positions within an organization are set, based on factors like market rates, experience, skills, and organizational budgets.

Multisource Feedback

A performance evaluation method that utilizes the viewpoints of multiple stakeholders, including peers, subordinates, and superiors.