All of the Following Are Functions of Management Except

question 21

Multiple Choice

All of the following are functions of management except

• A) directing.
• B) staffing.
• C) advertising.
• D) organizing.
• E) controlling.

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Definitions:

Marginal Cost

The cost incurred by producing one additional unit of a product or service.

Marginal Benefit

The additional satisfaction or utility gained by consuming an additional unit of a good or service.

Marginal Cost

The extra expense involved in creating an additional unit of a product or service.

Constant Marginal Costs

A situation where the cost of producing one more unit of a good or service remains unchanged regardless of the volume of production.