Who Is Considered the "First Lady of Management

question 39

Multiple Choice

Who is considered the "first lady of management?"

• A) Mary Parker Follett
• B) Lillian Gilbreth
• C) Carly Fiorona
• D) Maxine Weber
• E) Anne Adams

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Definitions:

Resource Prices

The cost or price of raw materials, labor, and other inputs required for the production of goods and services.

Mustangs

Wild horses in the Western United States, descended from horses brought to the Americas by Spanish explorers.

Law of Demand

A fundamental economic principle stating that, all else being equal, as the price of a good increases, consumer demand for the good decreases, and vice versa.

Average Price

The mean price of a good or service, calculated by dividing the total revenue by the quantity sold.