Write a short essay and discuss why managers make decisions based on differences rather than working through the entire contribution margin statement
What will be an ideal response?
Experienced managers use good judgment and they base their decisions based on differences rather than mechanically working through the contribution income statement. When experienced managers analyze difference it sharpens their intuition by focusing only on the revenues and costs that will change as a result of that decision.
Business
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A. Liking B. Boredom C. Happiness D. Immediacy E. Defensiveness
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With a maturity risk of 0.3, a complexity risk of 0.4, and a dependency risk of 0.5, the probability of failure is:
A) About 0.3. B) About 0.4. C) About 0.5. D) About 0.6.
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