Answer:
Contribution margin equals fixed cost.
Explanation:
The break even point is the point at which the firm is earning no profit or no loss suffered
i.e
Total cost = Total revenues
Plus,
The contribution margin = Sales - variable expenses
So,
The contribution margin = Fixed cost = break even point
So if we deduct the contribution margin from the fixed cost so the amount should be zero that implies the break even point
The answer is formal group. A formal group is a cluster or
group of individuals, who decided to work together to achieve and reach a specific
goals. Formal groups are made of individuals committed to fulfill tasks.
According to the given example, this group is created to produce and develop a
new series of skincare products specifically for the individuals over the old
age of sixty (60), the example states that the group is created to develop a
new-line of skincare products, so it is to be considered that the group being
referred to is the formal group, it has indicated that there is a specific goal
that is set for different individuals to come together and fulfill a specific
goal.
The cereal industry is an example of what type of competitive market? An oligopoly. A oligopoly is a competitive market structure where there is a limited amount of market shared by a small amount of competitors. There are few cereal products that produce many different types of cereal flavors.
Answer:
democratic manager
Explanation:
A democratic manager invites participation from members in the decision-making process. In this leadership style, every member is encouraged to contribute their ideas and opinions. Members' involvement leads to increased feelings of recognition and satisfaction.
Democratic leadership is also referred to as participative leadership. It contrasts with autocratic leadership, where the leader makes all the decisions without consultation.