We Can Best Understand How an Organization Plans, by Looking

question 55

Multiple Choice

We can best understand how an organization plans, by looking at ________.

• A) the priority of the goals
• B) the flexibility of the organization's plans
• C) who does the planning
• D) the goals set by the organization's planners

---

Definitions:

Profit Maximizers

Entities or persons striving to maximize their earnings through their activities.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers, typically downward sloping.

Marginal Cost

The expense incurred from the manufacture of an extra single product or service.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain period of time.