Activity: Cost-Volume-Profit and Contribution Margin AnalysisBy completing this assignment, you will learn how to use cost-volume-profit (CVP) analysis to make business investment and planning decisions. Managers use CVP analysis to assist them with making decisions about whether to expand a business’ output by acquiring additional productive capacity, introduce new (or discontinue existing) products or services, and to establish the prices of products or services sold by a business. Managers also use CVP analysis to assist them with a business’ annual production planning.By completing this assignment, you will learn how to prepare operating statements using the contribution margin method and the full-absorption method, and use those statements to explain the difference in gross profit resulting from these alternative methods of presenting operating results. Managers often prefer to use the contribution margin method to facilitate their planning and control of a business’ operations.Please use the file entitled Topic1Template for this assignment. It is located in the Content section of the course, under Course Resources, Assignment Templates. Once you have downloaded the file, complete all the necessary work, and rename the file with your Last and First name. For example, if your name is John Doe, then you would rename the file as Topic1DoeJohn. Once you have done this, you must upload the completed assignment to the appropriate course assignment location of this course.

Experiential Leadership Exercise #1: Carefully respond to the following questions: 1. Is leadership different from management? 2. Have you ever experienced an individual with effective leadership skills but ineffective management skills? 3. What personal capacities should a person develop to be a good leader versus those developed to be a good manager? 4. Why do you think there are so few people who succeed at both management and leadership? Is it reasonable to believe someone can be good at both? Please make sure you fully support your responses to the exercise.A Case Analysis Please read the “Consolidated Products” Case on pages 73 and 74 and fully answer the following questions:  Describe and compare the managerial behavior of Ben and Phil.  To what extent does each manager display specific relations behaviors (supporting, developing, recognizing) and specific task behaviors (clarifying, planning, monitoring)?  To what extent does each manager use participative and inspirational leadership? Compare Ben and Phil in terms of their influence on employee attitudes, short-term performance, and long-term plant performance, and explain the reasons for the differences. If you were selected to be the manager of this plant, what would you do to achieve both high employee satisfaction and performance?The case is in the fileCASE.doc