Su Mei Works in a Place That Is Hierarchical, Has

question 18

Multiple Choice

Su Mei works in a place that is hierarchical, has a division of labour, written rules, communications and records, and in which workers treat each other impersonally. Based on these characteristics, we can conclude that Su Mei works in a[n]_______ .

• A) oligarchy
• B) bureaucracy
• C) voluntary association
• D) non-profit organization
• E) formal organization

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Definitions:

Variable Cost

A cost that varies with the level of output or production, such as raw materials and labor expenses.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, which remain constant regardless of the company's output.

Sales Price

The price at which a product or service is offered for sale in the market.

Fixed Costs

Expenses that do not change with the level of production or sales, examples include rent, salaries, and insurance premiums.