An Organization's External Publics Are

question 59

Multiple Choice

An organization's external publics are

• A) made up of only employees.
• B) communicated with less frequently than internal publics.
• C) not communicated with by an organization.
• D) close to the organization.
• E) communicated with regularly.

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Definitions:

Marginal Revenue

The additional income generated from the sale of one more unit of a product or service.

Marginal Product

Marginal product is the additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.

Optimal Labor Employment

The most efficient allocation of labor resources in a business to maximize productivity and minimize costs.

Ovens

Appliances designed for baking, heating, or roasting food, powered variously by electricity, gas, or other fuels.