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Unformatted text preview: decisions. * Sales Volume Variability * Competition * Cost Variability * Product Diversification * Product Demand * Operating Leverage The use of fixed operating costs as opposed to variable operating costs. A firm with relatively HIGH fixed operating costs will experience MORE variable operating income if sales change. Fixed Costs = Operating Leverage = Business Risk...
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This note was uploaded on 11/23/2011 for the course BUS M 301 taught by Professor Jimbrau during the Summer '11 term at BYU.
- Summer '11