Reducing the value of VC in a break-even analysis means that the business needs to sell fewer units to turn a profit
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: A smaller VC results in a smaller TFC to (P - VC) ratio, which translates into fewer units sold to turn a profit.
Business
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Organizational change is rarely resisted by organizational members
a. true b. false
Business
A ________ is a group of workers who assume responsibility for performing all the operations necessary for completing a specified stage in the manufacturing process
A) quality circle B) control group C) flexible work team D) kaizen group
Business