The Managers Who Are Directly Involved in Creating Goods and Service

question 25

Multiple Choice

The managers who are directly involved in creating goods and service are known as

• A) HR managers.
• B) staff managers.
• C) line managers.
• D) chief executive managers.
• E) executive team managers.

---

Definitions:

Market

A system or arena where buyers and sellers interact to trade goods, services, or resources.

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to market stability.

Tax

A compulsory financial charge or other levy imposed on an individual or a legal entity by a governmental organization.

Market

A venue for the exchange of goods, services, or information between buyers and sellers, which may be physical or virtual.