Mintzberg Outlined Three Categories of Managerial Roles

question 29

Multiple Choice

Mintzberg outlined three categories of managerial roles:

• A)interpersonal,informational,and decisional.
• B)control,leadership,oversight.
• C)operational,management,and executive.
• D)cultural,organizational,and technical.
• E)middle management,senior management,executive.

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Definitions:

Marginal Cost

The expansion in total financial commitment from producing one extra unit of a product or service.

Total Cost

The aggregate expense incurred in the manufacture or delivery of a product, including all overheads.

Marginal Cost Curve

The marginal cost curve graphically represents the cost incurred in producing one additional unit of a good.

Average Fixed Cost

Represents the fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.