Sandra's Position Changed from Supervisor at the Planning Department to Supervisor

question 39

Multiple Choice

Sandra's position changed from supervisor at the planning department to supervisor at the new projects department.In terms of career development,which of the following is more applicable to Sandra's situation?

• A)maintaining focus with less responsibilities
• B)a lateral move across the company's hierarchy
• C)moving upward through a company's hierarchy
• D)maintaining the focus and assume greater responsibilities

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Definitions:

Quantity Effect

the change in the quantity of goods sold or consumed as a result of a change in price, holding other factors constant.

Profit

The financial gain or surplus remaining after all operating expenses, taxes, and costs have been subtracted from total revenue.

Duopoly

A market structure dominated by two firms, often leading to strategic behaviors and outcomes different from those in more competitive markets.

Two Firms

Refers to a market situation often analyzed in oligopoly models where only two companies dominate the supply in the market.