Staff Positions in an Organization

question 158

Multiple Choice

Staff positions in an organization

• A) support and assist the line positions.
• B) are superior to line positions.
• C) are less well-paid than line positions.
• D) are ways to employ past CEOs until they retire.

---

Definitions:

Monopoly Position

A market condition where a single entity dominates the supply of a particular good or service, limiting competition.

De Beers Diamond

De Beers Diamond refers to the diamonds mined, marketed, and sold by De Beers, a company known for its historical dominance in the diamond industry.

Advertises Heavily

A strategy where a product or service is promoted extensively through various media channels to increase consumer awareness and sales.

Natural Monopoly

A market situation where a single firm can provide a good or service at a lower cost than any potential competitor, often due to economies of scale.