Consolidation of Managers Often Occurs Due to Which of the Following

question 18

Multiple Choice

Consolidation of managers often occurs due to which of the following?

• A)Increased compensation for senior managers
• B)Lower costs in the vertical supply chain
• C)Mergers and acquisitions
• D)Increased political power of senior managers
• E)Social prominence of middle magaers

---

Definitions:

External Benefits

Benefits of a good or service that are enjoyed by people other than the ones who originally purchase or consume the good.

Marginal Social Cost

The complete expense incurred by society to produce an extra unit of a product, incorporating both individual costs and external effects.

Marginal Social Benefit

The additional benefit to society as a whole from producing one extra unit of a good or service.

Optimal Quantity

The amount of a product or service that maximizes efficiency, balancing costs and benefits to achieve the best possible outcome.