Answer:
a. selling price and variable cost per unit.
Explanation:
The contribution margin is the share of revenue that a product contributes to pay for fixed costs and profits. The contribution margin can be calculated per unit or for an entire production. The total contribution margin is the margin for the entire product line or the business.
Calculating the contribution margin involves subtracting variable costs from the selling price. In other words, the contribution margin equals selling price minus variable costs. The concept of contribution margin assists management in determining break-even points and profitability at different production levels.
Answer:
Executive Director, Non Executive Director
Explanation:
Landon is a senior manager for the firm Anderssen Inc. Because of his experience, he has been appointed to the board of EEC Inc., even though he doesn't work for this firm. He also serves on the boards of several other companies. Landon is an Executive Director for Anderssen and a Non Executive Director for EEC.
An executive director has operational responsibilities in a firm but a non executive director does not have operational responsibilities in a firm but is involved in planning and policy formation which are strategic activities.
Operational refers to the daily running of a business.
Answer:
Personalization.
Explanation:
Using personalization in customer relationship management (CRM) requires gathering a lot of information about customers’ preferences and shopping patterns, and some customers get impatient with answering long surveys about their preferences.
This ultimately implies that, personalization deals with gathering information about a specific customer's choice such as taste, requirements, product preferences, shopping styles or patterns in order to be able to serve him or her better, through the provision of goods and services that meets their needs.
