Which of the Following Statements Is Correct

question 65

Multiple Choice

Which of the following statements is correct?

• A) If the profit-maximizing rule is fulfilled, it necessarily follows that the cost-minimization rule is being fulfilled.
• B) The profit-maximizing and the cost-minimizing rules are such that fulfilling one has no bearing on fulfilling the other.
• C) If the profit-maximizing rule is fulfilled, the cost-minimization rule may or may not be fulfilled.
• D) If the cost-minimization rule is fulfilled, it necessarily follows that the profit-maximizing rule is being fulfilled.

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Definitions:

Physical Structure

The tangible, physical layout of an organization's facilities, including its buildings and internal work spaces.

Cultural Values

The core principles and ideals upon which a society or community is founded, shaping beliefs, behaviors, and norms.

Office Space

The physical area designated for work-related activities, which can influence productivity, satisfaction, and organizational culture.

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of an organization, influencing its members' behavior and attitudes.