The Price of Apples Has Recently Fallen in the Marketplace

question 135

Multiple Choice

The price of apples has recently fallen in the marketplace. From this information, we can safely predict that:

• A) a surplus of apples must have existed.
• B) a shortage of apples must have existed.
• C) the demand for apples recently increased.
• D) the supply of apples recently decreased.

---

Definitions:

Management By Walking Around

Managers intermingling freely with workers on the shop floor or in the office, as well as with customers.

Horizontal Communication

The exchange of information, ideas, and messages between individuals or departments on the same level within an organization.

Open Office Space

A layout for offices that eliminates most dividing walls and private offices to create a more collaborative and less hierarchical environment.

Informal Communication

The exchange of information without formal structure or protocol, often spontaneous and taking place within social interactions or unofficial channels.