Figure 2-2 -Refer to Figure 2-2.Boxes C and D of This Circular-Flow

question 225

Multiple Choice

Figure 2-2
-Refer to Figure 2-2.Boxes C and D of this circular-flow diagram represent

• A)households and government.
• B)firms and government.
• C)the markets for goods and services and the markets for financial assets.
• D)the markets for goods and services and the markets for factors of production.

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Definitions:

Public Relations Functions

Public relations functions involve managing communication between an organization and its publics, including managing reputation, media relations, and stakeholder engagement.

Professional Bureaucracy

An organizational structure dominated by professionals who have control over their own work and decision-making processes.

Machine Bureaucracy

A highly structured organizational form that operates through strict procedures and rules, with tasks clearly defined and hierarchical authority.

Direct Management Supervision

A management approach where supervisors closely monitor and directly oversee their employees' work and processes.