Soft customer-defined standard.
Opinion based measures that cannot be observed and must be collected by talking to customers(perceptions, belief) is called Soft customer-defined standard.
One that would be beneficial to myself and my family.
Bc a lot of people buy their products, so they have enough money to make a profit even if they sell it at a lower cost.
Answer: Is useful to managers in planning and decision making.
Explanation:
The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.
This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.
Explanation:
For enjoying and enjoying the time of your life
