Start learning 50% faster. Sign in now
Sales in value to cover fixed cost and desired profit: Units * SPPU =6000*12 =72,000 Calculation of sales units to cover fixed cost and desired profit: FC + Desired Profit /Contribution per unit (12000+6000)/3 = 6000 Units Calculation of Contribution per unit: SPPU-VC =12-6 =3 Alternatively, Calculate PV ratio first: CPU/SPPU*100 =3/12*100 =25% Sales to cover fixed cost and desired profit: FC + Desired Profit/PV ratio = (12000+6000)/25% = 72000
How does brainstorming contribute to identifying possible solutions?
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
Non programmed decisions are most likely to be made by:
Strategic decisions are _______
Leaders use specific and different styles when contemplating decisions. One such style is the directive decision making style. Which of the following is...
Which of the following is not a feature of Decision-making process?
Which of the following is not a disadvantage of group decision making?
Which of the following is a decision-making model that focuses on using intuition and past experience?
Which of the following is not a group decision making technique?
Which of the following is the first step in decision making?