A Manager Who Anticipates Changes and Plans for Those Changes

question 54

Multiple Choice

A manager who anticipates changes and plans for those changes can be referred to as a(n)

• A) reactive manager.
• B) negligent manager.
• C) ethical manager.
• D) proactive manager.
• E) socially responsible manager.

Understand the concept and effects of microaggressions as forms of racism.

Identify the key concepts and stages of the general adaptation syndrome.

Understand the physiological mechanisms involved in the body's response to stress, including the role of the sympathetic nervous system, adrenal medulla, and adrenal cortex.

Differentiate between acute and chronic stress responses, including the fight-or-flight response and the general adaptation syndrome.

---

Definitions:

Purely Competitive Market

Another term for a perfectly competitive market, emphasizing its features like a large number of small firms and identical products.

Marginal Revenue

The increased earnings resulting from the sale of one extra unit of a good or service.

Marginal Cost

The increased cost resulting from the production of an additional unit of a good or service.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, indicating the actual profitability of the company beyond just accounting profit.