At What Level of Management Are Technical Skills Relatively Unimportant

question 27

Multiple Choice

At what level of management are technical skills relatively unimportant?

• A) Bottom
• B) Top
• C) Front-line supervisor
• D) First-line
• E) Middle

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Definitions:

Productive Efficiency

A situation where a firm or economy cannot produce more of one good without reducing the output of another good, indicating optimal production levels.

Production Possibilities Curve

A curve showing the different combinations of two goods or services that can be produced in a full-employment, full-production economy where the available supplies of resources and technology are fixed.

Government-Mandated

Regulations or requirements imposed by governmental bodies that must be followed by individuals, businesses, or other organizations.

Demand Curves

A graphical representation showing how the quantity demanded of a good or service varies with its price.