Touch

question 81

Multiple Choice

Touch

• A) is the least important form of nonverbal communication.
• B) should be completely avoided in all business situations.
• C) is governed by cultural customs that establish who can touch whom and when.
• D) is the great equalizer, putting people of different status on the same footing.

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Definitions:

Production Functions

Mathematical relations stipulating how output levels are achieved with different combinations of input factors such as labor and capital.

Input

Refers to the resources used in the production of goods and services, such as labor, raw materials, and capital.

Returns To Scale

The change in output as all inputs are increased proportionally in the production process.

Inputs

The resources such as labor, materials, and capital that are used in the production process to create goods and services.