Answer:
Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.
Lucia’s analysis is subject to assumptions because(c) The analysis lacks validity if the total fixed costs required for the calculated break-even point generates too low of capacity.
Explanation:
Cost-volume-profit analysis is used to make short-term decisions.
Cost-volume-profit (CVP) analysis is used to study the changes in cost and volume and how its impact on the company's operating income and net income.
While performing <u>Cost-volume-profit (CVP) analysis</u> several assumptions are made like assuming the Sales price per unit to be constant. Variable costs per unit to be constant.
The five basic component of CVP analysis includes
- volume or level of activity
- unit selling price
- variable cost per unit
- total fixed cost
- sales mix.
These are both responsibilities that need to be fullfilled in order to keep a business running.
The level of strategic management that look at the whole organization can be regarded as Corporate level strategy.
- Corporate-level strategy can be regarded as strategy that is been used in to gaining a competitive advantage in several industries as well as product markets.
- These competitive advantage can be carried out through the selection as well as management of combination of businesses competing that are in that particular industries.
- Corporate strategies usually firm so that they can earn above- average profits ,this strategy also help in creating value for the shareholders.
Therefore, Corporate level strategy brings about making a firm to have increase in profit margin.
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