An Example of an Organization-Level Activity Is

question 114

Multiple Choice

An example of an organization-level activity is

• A)Providing electricity to the factory to run the sewing machines.
• B)Creating a pattern for a new line of dresses.
• C)Renting factory space.
• D)All of these ans choices are organization-level activities.

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Definitions:

Short Run

A period of time in economics during which at least one input, like plant size, is fixed and cannot be changed.

Production Costs

The total expenses incurred in the process of producing or manufacturing goods or services.

Inputs

Resources such as raw materials, labor, and capital used in the production process to create goods or services.

Total Fixed Costs

The total of all expenses that do not change, irrespective of the amount of production or the level of business operations.