Verizon's Use of a Web-Based Digital Dashboard to Provide Managers

question 52

Multiple Choice

Verizon's use of a web-based digital dashboard to provide managers with precise real-time information enabled it to improve which of the following?

• A)Compliance with regulations
• B)Managerial decision making
• C)Efficiency in creation of new products
• D)Employee morale
• E)Intimacy with its suppliers

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Definitions:

Marginal Revenue

The extra revenue generated by the sale of an additional unit of a product or service.

Marginal Cost

The cost of producing one additional unit of a product or service.

Average Variable Cost

The total variable expenses divided by the number of units produced, representing the variable cost per unit.

Average Total Cost

The total cost of production divided by the number of goods produced, representing the average cost per unit of output.