Employees Should Be Trained in All These Areas EXCEPT ____________

question 30

Multiple Choice

Employees should be trained in all these areas EXCEPT ____________.

• A)organizational culture
• B)organizational revenue
• C)service knowledge
• D)interpersonal skills
• E)product knowledge

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Definitions:

Long Run

In economics, the long run refers to a period in which all factors of production and costs are variable, allowing for adjustment to changes in market conditions.

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

Marginal Cost

The increase in cost resulting from the manufacture of one extra product or service unit.

Average Total Cost

The total cost of production divided by the quantity produced, including both fixed and variable costs.