Which of the Following Is NOT an Element of Organizational

question 87

Multiple Choice

Which of the following is NOT an element of organizational growth?

• A) Increased employee productivity.
• B) A greater number of employees.
• C) Employees developing or acquiring new skills.
• D) An increase in profitability.

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Definitions:

Fixed Cost

Costs that do not change with the level of production or sales, such as rent, salaries, and loan repayments.

Economies of Scale

The cost advantages that a business can exploit by expanding their scale of production, leading to a lower cost per unit.

Diseconomies of Scale

Increased costs per unit that occur when a company grows too large, leading to inefficiencies.

Long-Run Average Cost Curve

A graphical representation showing the minimum cost per unit at which a firm can produce any given level of output in the long run when all inputs are variable.