Which of the Following Is Not a Responsibility of Top

question 115

Multiple Choice

Which of the following is not a responsibility of top managers?

• A)Train new employees
• B)Carry out the organizational vision
• C)Establish organizational goals
• D)Decide how different departments should interact
• E)Monitor how well middle managers are using resources to achieve goals

Appreciate Adam Smith’s contribution to understanding the significance of specialization and economies of scale in economic theory.

Grasp the concept of diminishing marginal productivity and its impact on cost functions.

Understand how to calculate average fixed cost, average variable cost, and average total cost from given production and cost data.

Recognize and explain the marginal product of labor.