One Reason That the Importance of Interpersonal Relations in Business

question 52

Multiple Choice

One reason that the importance of interpersonal relations in business is increasing is​

• A) ​organizations' ability to demonstrate bottom-line results.
• B) ​the increasing isolation of the work through the use of computer technology.
• C) ​organizations' increasing customer service orientation.
• D) ​the decreasing costs of implementing human relations programs.

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Definitions:

Least-Cost Rule

A principle in economics that production should be carried out in a way that minimizes the cost of inputs, ensuring that resources are used efficiently.

Unit Cost

The amount a company spends to create, store, and market one instance of a certain product or service.

Least-Cost Combination

The least-cost combination is an economic principle that refers to the mix of factors of production that minimizes costs for a given level of output.

Resources

Inputs used in the production of goods and services, such as labor, capital, land, and entrepreneurship.