​Match Each Term with the Appropriate Definition

question 17

Multiple Choice

​Match each term with the appropriate definition.
-the process of stating in quantitative terms the planned organizational activities for a given period of time

• A)​affirmative action
• B)​balance sheet
• C)budgeting
• D)controlling
• E)critical path
• F)data
• G)delegation
• H)income statement
• I)information
• J)job analysis
• K)job design
• L)​leading
• M)​line position
• N)​management
• O)​nutrition informatics
• P)​operating budget
• Q)​operational planning
• R)​organization charts
• S)​organizing
• T)​performance appraisal
• U)​planning
• V)​project management
• W)​span of control
• X)​staff position
• Y)​strategic planning

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Definitions:

Average Total Cost

The aggregate expense of manufacturing divided by the total number of units produced.

Average Fixed Cost

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

Average Variable Cost

The total variable cost per unit of output, which includes costs that change with the amount of production.

Average Total Cost

The total cost of production divided by the quantity produced, indicating the per-unit cost of production.