Which of the Following Is an Example of a Coordinative

question 48

Multiple Choice

Which of the following is an example of a coordinative function performed by HR managers?

• A) ensuring that line managers are adhering to a firm's sexual harassment policies
• B) voicing employee concerns about health benefits and wages to upper management
• C) providing upper management with relevant data on national employment trends
• D) assisting line managers with hiring, evaluating, and firing employees

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Definitions:

Average Total Cost

The total cost divided by the quantity of output produced, representing the average cost per unit of output.

Long-Run Cost Diagram

A graphical representation depicting the relationship between output and the long-term costs of production when all inputs can be varied.

Profit-Maximizing Output

The level of production at which a firm achieves the highest possible profit, where marginal revenue equals marginal cost.

X-Inefficiency

A concept where a firm operates with higher costs than are necessary due to lack of competition or internal inefficiencies.