In the Virtual Office, Employees

question 14

Multiple Choice

In the virtual office, employees

• A) work without a team leader.
• B) complete one task before moving on to another.
• C) are all part-time or temporary workers.
• D) coordinate their activities although physically separate.

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Definitions:

Dalers

A currency that was used in the past in various countries and territories, including Denmark and the United States.

Comparative Advantage

The capability of a nation or business to manufacture a specific product or offer a service at a lesser opportunity cost compared to its rivals.

Opportunity Cost

The expenditure experienced from not picking the immediate runner-up selection during a choice process.

Economies of Scale

The cost advantage achieved when production becomes efficient, leading to a decrease in the per-unit cost as the volume of production increases.