________ Developed a Categorization Scheme for Defining What Managers Do

question 41

Multiple Choice

________ developed a categorization scheme for defining what managers do, consisting of 10 different but highly interrelated roles.

• A)Henri Fayol
• B)Robert L. Katz
• C)Henry Mintzberg
• D)Henry Ford

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity supplied for a given period.

Producer Surplus

The difference between the amount a producer is willing to accept for a good or service and the actual amount received from its sale.

Supply Curve

A graphical representation showing the quantity of a good that producers are willing to supply at different prices.

Producer Surplus

The difference between the amount producers are willing and able to sell a good for and the amount they actually receive.