As Managers Move to Higher Organizational Levels,the Need for ________

question 82

Multiple Choice

As managers move to higher organizational levels,the need for ________ skills decreases,but the need for ________ skills continues to be equally important.

• A)human; technical
• B)technical; human
• C)human; conceptual
• D)technical; conceptual

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Definitions:

Output

Refers to the total amount of goods or services produced by an individual, firm, or country within a specific period.

Firm

A business organization, such as a corporation or partnership, that sells goods or services for profit.

Marginal Revenue

The enhanced earnings from selling an additional unit of a product or service.

Pure Competition

A market structure characterized by a large number of firms, all producing identical products, and no single firm has any influence over market price.