As a Manager Moves from Lower-Level Management to Upper-Level Management

question 27

Multiple Choice

As a manager moves from lower-level management to upper-level management, ________.

• A) conceptual skills become more important and technical skills less important
• B) technical skills become more important and human skills less important
• C) human skills become more important and conceptual skills less important
• D) conceptual skills and human skills become less important
• E) technical skills and human skills become more important

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Definitions:

Output

The total amount of goods or services produced by an individual, company, or economy during a specific period.

Negative Marginal Returns

Occurs when adding an additional factor of production actually decreases the total output, which can happen when there is too much input for the available resources or technology.

Input

Resources used in the production process to create goods or services, including labor, raw materials, and capital.

Cost Curves

Graphs that illustrate the cost of producing various levels of output, typically including curves for average costs and marginal costs among others.