Managers Must First Determine How Many and What Types of Jobs

question 25

Short Answer

Managers must first determine how many and what types of jobs need to be fulfilled.Conducting a/an __________ would consider the immediate as well as the future needs.

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Definitions:

Economies Of Scale

A situation where the cost per unit of output decreases as the scale of production increases.

Unit Costs

The cost incurred by a company to produce, store, and sell one unit of a particular product or service.

Diseconomies Of Scope

A situation where the cost of producing multiple products or services together is higher than producing them separately.

Economies Of Scope

Cost advantages that enterprises obtain due to a broader scope of operations or increased production diversity.