Which of the Following Applied Fields Focuses on Helping Make

question 141

Multiple Choice

Which of the following applied fields focuses on helping make products easier to use?

• A) industrial/organizational research
• B) clinical psychology
• C) usability research
• D) developmental research

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Definitions:

Variable Cost

relates to expenses that vary directly with the level of production or business activity, such as raw materials and labor costs.

Contribution Margin

The selling price per unit minus the variable cost per unit, used to cover fixed costs and to generate profit.

Operating Cash Flow

denotes the cash generated from a company’s normal business operations, indicating whether a company can maintain and grow its operations.

NPV

Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project.