Costs That May Be Essential to the Long-Run Achievement of the Organization's

question 32

Multiple Choice

Costs that may be essential to the long-run achievement of the organization's goals,but that managers can almost reduce to zero in the short-run,are called ________.

• A) capacity costs
• B) committed fixed costs
• C) discretionary fixed costs
• D) mixed costs

Understand the values and skills employers look for in potential hires.

Distinguish between natural abilities, skills, and personal traits.

Appreciate the importance of communication and other transferable skills in the workplace.

Understand the concepts of experiential learning and how they contribute to career goals.

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Definitions:

Hindbrain

Evolutionarily the oldest part of the brain; contains the pons, medulla, reticular formation, and cerebellum, the structures that coordinate and control most voluntary and involuntary movements.

Brain Development

The process by which the brain grows and matures, involving changes in structure, size, and function from prenatal life through adulthood.

Structural Development

The process of growth and change in the physical or organizational framework of a biological entity or system.

Neural Maturation

The process of growth and development of the nervous system, especially in terms of complexity and efficiency.