​ACST University Is Well Known for the Wide Array of Courses

question 69

Multiple Choice

​ACST University is well known for the wide array of courses it offers. It offers courses in fine arts, humanities, science, and management. The university has dedicated divisions for each stream. In management terms, the university uses _____ to manage the different disciplines.

• A)reengineering
• B)functionalization
• C)departmentalization
• D)functional empowerment
• E)job dissemination

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Definitions:

Indifference Curves

A graphical representation that shows a combination of two goods or services that gives a consumer equal satisfaction and utility.

Intersect

The point at which two or more lines or paths cross each other.

Substitution Effect

The change in consumption of goods that occurs when a price change for one good makes another good more or less attractive as a substitute.

Price Decrease

A reduction in the cost of goods or services, often resulting from factors like increased competition, lower production costs, or decreased demand.