Which of the Following Best Describes the Characteristic of a Management

question 94

Multiple Choice

Which of the following best describes the characteristic of a management team?

• A)It coordinates and provides direction to the subunits under its direction.
• B)It is a work team composed of international members.
• C)It is a team that communicates electronically rather than face to face.
• D)It coordinates and provides directions to the subunits under its jurisdiction.
• E)It operates separate from the regular work structure of the organization.

---

Definitions:

Average Total Cost

The sum of fixed and variable production costs, divided by the total amount of goods produced.

Industry's Price

The general price level at which goods and services are bought and sold within a specific industry.

Output

The total amount of goods and services produced by a company, industry, or economy.

Marginal Revenue Curve

A graphical representation that shows how marginal revenue varies with changes in the quantity of output sold.