________ Functions Facilitate the Control and Coordination of Activities Within

question 33

Multiple Choice

________ functions facilitate the control and coordination of activities within and among departments.

• A) Managerial
• B) Adaptive
• C) Support
• D) Maintenance

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Definitions:

Short Run

A period in economics during which some factors of production are fixed, making it impossible to change the level of output quickly.

Long Run

A period in which all factors of production and costs are variable, allowing for full adjustment to changes.

Expand

To increase in size, number, or scope, such as a business growing its operations or a market increasing its reach.

Internal Economies

Cost-saving measures that arise from the expansion of a firm, affecting the production process internally.