The Group Leader Often Arrives Several Minutes Late to Meetings

question 10

Multiple Choice

The group leader often arrives several minutes late to meetings with excuses about workload, telephone calls, or traffic. Today's meeting was scheduled to begin 5 minutes ago, and the leader has not arrived. What should the group members do?

• A) Call the leader's cell phone to see when arrival is expected.
• B) Wait until the leader is 10 minutes late and then cancel the meeting.
• C) One of the members should start the meeting.
• D) Wait for the leader to arrive.

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Definitions:

Total Revenue

The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.

Marginal Revenue

The additional income obtained from selling one more unit of a product or service.

Marginal Cost

The increment in total pricing necessary for the creation of one more unit of any good or service.

Marginal Revenue

The supplementary earnings obtained by selling an extra unit of a good or service.