Rana Has Been Promoted to Director

question 21

Multiple Choice

Rana has been promoted to Director.Many of her colleagues that worked with her when she was an assistant director may encounter challenges in working with her due to which filter?

• A) Emotions
• B) Role expectations
• C) Nonverbal messages
• D) Language and cultural barriers

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Definitions:

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, representing surplus value created by a firm.

Excess Capacity

A situation where a firm or industry has more production resources available than is necessary to produce the current level of output, often indicating inefficiency.

Minimum ATC

Minimum ATC, or minimum average total cost, is the lowest point on the average total cost curve, representing the most efficient scale of production for a firm.

Entry Barriers

Obstacles that make it difficult for new competitors to enter a market, which may include high capital requirements, brand loyalty, or regulatory policies.