A Fundamental Challenge of Managing a Large Firm Is to Achieve

question 32

Multiple Choice

A fundamental challenge of managing a large firm is to achieve an optimal trade-off between:

• A)Cooperation and division of unqualified labor
• B)Division of labor and efficiency
• C)Division of labour, specialisation, co-ordination and co-operation.
• D)Cooperation, coordination and profit.

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Definitions:

Diffusion

Tendency for solute molecules to move from an area of high concentration to an area of low concentration in solution; the product of the constant random motion of all atoms, molecules, or ions in a solution.

Active Transport

The process where molecules travel through a cellular membrane from an area of lesser concentration to an area of greater concentration, necessitating the use of energy.

Absorption

The process by which nutrients, drugs, and other substances are taken up from the gastrointestinal tract into the bloodstream.

Mastication

The act of grinding food with teeth before swallowing and digesting it.