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Routine Replies and Positive Messages Should Close with ________

question 29

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Routine replies and positive messages should close with ________.

Grasp the definition and importance of marginal concepts in economics, including marginal revenue, marginal cost, and marginal benefit.
Calculate marginal revenue and understand its role in production and pricing decisions.
Calculate and understand the significance of average total costs, average variable costs, and fixed costs in the production process.
Distinguish between average cost and marginal cost and their implications for production and pricing strategies.

Definitions:

Assigning Work

Effectively deploying personnel, designating duties, and giving orders, following such proven principles as know what you want to communicate before giving an order; ask rather than tell, but leave no doubt that you expect compliance; be considerate but never apologetic for asking someone to do a job; take responsibility for the orders you give; give people the opportunity to ask questions and express opinions; follow up to make sure assignments are being accomplished.

Employee's Time

The period during which an employee is at work or is expected to be working.

Training Level

The extent or degree of depth and complexity in which skills and knowledge are imparted to individuals during a training program.

Peter Principle

A term coined by author Lawrence J. Peter describing the tendency to promote individuals to their levels of incompetence. The overpromotion syndrome harms the individual and the organization because it inevitably results in lowered morale and job performance.

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