A Manager at the First Level of Management Is Called

question 13

Multiple Choice

A manager at the first level of management is called a(n)

• A) top executive.
• B) middle manager.
• C) assembly-line worker.
• D) supervisor.

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Definitions:

Profit-maximizing

The process of identifying the output level at which a business can achieve the highest possible profit.

Cost Data

Information related to the expenses incurred in the production, operation, or provision of services, used for analysis and decision-making purposes.

Demand Data

Information on the quantity of a product or service that consumers are willing and able to purchase at various prices during a certain period.

Profit-maximizing

The approach a corporation takes to ascertain the price and quantity of output that yields the maximum profit.