Which of the Following Principles Guarantees That Each Employee Will

question 32

Multiple Choice

Which of the following principles guarantees that each employee will have only one direct supervisor?

• A) accountability
• B) divisional unity
• C) functional unity
• D) unity of command

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Definitions:

Monopsonistic Labor Market

A labor market in which a single firm is the sole or dominant buyer of labor, giving it power to set wages below competitive levels.

Marginal Revenue Product

The additional revenue generated for each additional unit of input, such as labor or capital, used in the production process.

Marginal Resource Cost

The increase in total cost that results from utilizing one additional unit of a resource in production.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor, such as labor or capital.