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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Topic 5 DQ 2_1638437...
Distributed leadership ensures that there can be individuals empowered to be leaders by providing them opportunities to make autonomous decisions in the workplace (Canterino et al., 2020). It is impor...

Topic 5 Discussion 2
Topic 5 Discussion 2

Distributed leadership ensures that there can be i

Topic 1 Discussion 1...
The origins of globalization can be found in the vision of George Washington in which there had been predictions made about convenience provided to different European countries and America (Collins, 2...

Topic 1 Discussion 1
Topic 1 Discussion 1

The origins of globalization can be found in the v

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Social media is considered to be a most important tool for socialization and communication. In the era of worldwide globalization, while social media have a deep impact on the mindset of individuals,...

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Annotated Bibliography

Social media is considered to be a most important

Financial Decision making Dis 2

Financial Decision making Dis 2

Q System Admin Max Points: 5.0 What is meant by a product's contribution margin ratio? How is this ratio useful in planning business operations? Cite any references used. Participate in follow-up discussion by reviewing your classmates' posts, adding additional information, asking questions, or responding to follow-up questions posed by your instructor.

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Contribution margin ratio is a very interesting concept and a popular one too. By contribution we mean, sales minus variable cost. This is the preliminary profit that the firm makes. In other words, the contribution does contain fixed cost that is to be recovered later (Freedman, 2018). Now when we are talking about the contribution ratio, the ratio can be expressed as contribution divided by sales. This ratio is very useful in practical world. For example