Matthew Works as an Accountant in a Mobile Phone Company

question 7

Multiple Choice

Matthew works as an accountant in a mobile phone company.During lunch he spoke to Peter from the sales department about wanting to buy a mobile phone for himself.Peter persuaded Matthew to buy a mobile phone from the sales department itself,which Matthew did.Matthew is a(n) ________.

• A)stakeholder
• B)internal customer
• C)human resource personnel
• D)external customer

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Definitions:

Good Produces

The output or products manufactured or produced by a business, industry, or economy.

VMPL

The Value of Marginal Product of Labor, which represents the additional value created by employing one more unit of labor, assuming other factors remain constant.

Wage Rate

The amount of compensation a worker receives per unit of time or output.

Labor Demand Curve

A graphical representation that shows the relationship between the quantity of labor demanded by firms and the wage rate.