An Input Whose Cost Is Determined by the Quantity of Input

question 11

Multiple Choice

An input whose cost is determined by the quantity of input consumed is a

• A) Fixed cost
• B) Variable cost
• C) Step cost
• D) Variable cost with fixed component

---

Definitions:

Quality Circles

Small groups of employees who voluntarily meet regularly to identify, analyze, and propose solutions to mutual problems, often related to work processes and quality improvement.

Participative Decision Making

A decision-making process where all members of a group are involved in identifying problems and developing solutions, enhancing team involvement and commitment.

Total Quality Management

A management approach focused on continuous improvement of all organizational processes, leading to high-quality products and services.

Cultural Diversity

The coexistence of different cultural, ethnic, racial, and social groups within a society, enriching its social fabric.