Which of the Following Statements Concerning Human Resources Is NOT

question 161

Multiple Choice

Which of the following statements concerning human resources is NOT true?

• A) Most of the people affected by a new strategy are under the control of a marketing manager.
• B) Communication is very important because you can't expect people to pull together in an organization-wide effort if they don't know what's going on.
• C) People are one of a company's most important resources.
• D) It is the marketing manager's job to communicate with others in the organization and explain the new strategy, what needs to happen, and why.
• E) All of the above are true.

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Definitions:

Competitively Organized

A market structure where multiple firms strive to sell similar products or services, often leading to innovation and lower prices.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, representing surplus earnings above normal expectations.

Profit-Maximizing

The way in which a business figures out the best price and quantity of production for optimal profit.

Output Level

The amount of goods or services produced by a company, industry, or economy within a specific period, often measured to assess productivity and efficiency.