The Three Essential Managerial Skills Include ________

question 34

Multiple Choice

The three essential managerial skills include ________.

• A) technical, interpersonal, and controlling
• B) technical, human, and conceptual
• C) technical, human, and empirical
• D) human, empirical, and conceptual

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Definitions:

Excludable

Refers to a property of a good or service where it's possible to prevent people who have not paid for it from having access to it.

Efficient Quantity

The amount of a good or service that maximizes the net benefit to society.

Nonrival

A characteristic of a good where one person's consumption does not reduce availability for others.

Inefficiently Low

A situation in which the production or use of goods and services is below the level that could maximize welfare or efficiency.