Which of the Following Is NOT a Managerial Reality

question 12

Multiple Choice

Which of the following is NOT a managerial reality?

• A)People problems are far more complex than any other organizational problem.
• B)People generally manage the way they have been taught to manage.
• C)People join organizations but they leave managers.
• D)Managers get rewarded for what their employees do,not for what managers do.
• E)Management is the process of getting things done through others.

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Definitions:

Producer Surplus

The difference between the actual amount a producer receives from selling a product and the minimum amount they would accept.

Minimum Acceptable Price

The lowest price at which a seller is willing to sell a product or service, often covering at least the cost of production.

Consumer Surplus

The discrepancy between the aggregate amount consumers are willing to expend on a good or service and the aggregate amount they really expend.

Total Revenues

The complete amount of income generated by a company through its various business activities.