Training May Be Used in an Organization to Educate Employees

question 143

Multiple Choice

Training may be used in an organization to educate employees on all of the following except

• A) product information.
• B) motivation.
• C) business ethics.
• D) customer service.
• E) technical aspects of the job.

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Definitions:

Total Revenue

The total amount of money received by a firm from sales of its products or services.

Total Cost

Total cost is the complete cost of production, including both fixed and variable costs incurred in the production of goods or services.

Marginal Cost

The cost of producing one more unit of a good or service, crucial for economic decision-making processes.

Marginal Revenue

The revenue increase resulting from the sale of an extra unit of a good or service.