The profitability of organization in the marketplace

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Reference no: EM132298166

1. The word "technology" is used only to refer to "information technology" (i.e., computers and computer system).

True

False

2. Competitiveness is related to the profitability of an organization in the marketplace.

True

False

3. At the break even point:

variable cost equals fixed cost

total cost equals profit

output equals capacity

variable cost equals total revenue

total cost equals total revenue

4. Competitiveness is related to the profitability of an organization in the marketplace.

True

False

5. The word "technology" is used only to refer to "information technology" (i.e., computers and computer system).

True

False

6. At the break even pointt

variable cost equals fixed cost

total cost equals profit

output equals capacity

variable cost equals total revenue

total cost equals total revenue

Reference no: EM132298166

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