Managerial Responsibilities in the Area of Organizing Include ________

question 40

Multiple Choice

Managerial responsibilities in the area of organizing include ________.

• A) setting diversity goals for hiring of employees within a department
• B) establishing task forces or committees to explore issues and provide ideas
• C) setting recruitment goals for members of underrepresented groups
• D) continuously monitoring the different units' progress with respect to the diversity goals
• E) overseeing compliance with the legal stipulations of EEOC and affirmative action

---

Definitions:

Industry Profit

The total earnings before tax and interest of firms within a particular industry, after all expenses have been deducted from revenues.

Identical Cost Structures

Situations in which businesses have the same fixed and variable costs in their production processes.

Profit-maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal revenue equals marginal cost.

Oligopolistic Model

A market structure characterized by a small number of large firms dominating the market, leading to limited competition and high barriers to entry.