Which of the Following Refers to a Method of Directing

question 158

Multiple Choice

Which of the following refers to a method of directing, instructing and training a person with the goal to develop specific management skills?

• A) Mentoring
• B) Shadowing
• C) Coaching
• D) Apprenticeship
• E) Guiding

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Definitions:

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Diseconomies of Scale

A phenomenon where a company's production costs increase due to an expansion in output, leading to inefficiencies.

Fixed Costs

Expenses that do not change with the level of output or sales, such as rent, salaries, and insurance.

Diseconomies of Scale

The phenomenon where production cost per unit increases as the scale of output increases, usually due to factors like increased complexity and inefficiencies.