Pattie's Pancakes Recently Added a Senior Manager to Help Them

question 107

Multiple Choice

Pattie's Pancakes recently added a senior manager to help them create a working environment that will help all of their different employees work together effectively. This manager's title is most likely to be:

• A) Chief Operating Officer.
• B) Chief Diversity Officer.
• C) Chief Culture Officer.
• D) Chief Executive Officer.
• E) Chief of Information and Cooperation.

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Definitions:

Marginal Utility

The additional satisfaction or utility received by consuming one more unit of a good or service.

Soft Drinks

Non-alcoholic beverages that are usually carbonated and contain various flavorings and sweeteners.

Chips

Thin slices of potatoes, vegetables, or other foods, fried or baked until crispy, commonly served as a snack or side dish.

Equal Marginal Principle

The principle stating that optimal allocation occurs when the marginal benefits from allocation of resources to different uses are equalized.