Which of the Following Is a Major Contribution of Hugo

question 23

Multiple Choice

Which of the following is a major contribution of Hugo Munsterberg?

• A)He was a social reformer.
• B)He created the field of industrial psychology.
• C)He was interested in individual and group behaviour.
• D)He viewed organisations as social systems, requiring human cooperation.
• E)He created the four functions of management.

---

Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activities, such as rent or salaries.

Marginal Costs

The cost incurred by producing one additional unit of a good or service.

Quantity Of Output

The total amount of product or service produced by a company during a given period.

Production Expenses

Costs incurred in the process of manufacturing or producing goods and services.