The Affirmative Purpose of Planning Is to ________

question 40

Multiple Choice

The affirmative purpose of planning is to ________.

• A)increase the degree of organizational success
• B)increase the level of workplace diversity
• C)optimize the use of organizational resources
• D)refine work methods and reduce production costs
• E)improve organizational compliance with industry standards

---

Definitions:

Price Discriminate

The practice of selling the same product or service at different prices to different customers, not based on differences in production costs.

Pure Monopolist

A single producer in a market who controls all supply of a product with no close substitutes, allowing them to exert significant power over prices and quantities sold.

Profit-Maximizing

A business strategy focused on finding the optimal level of output at which total revenues exceed total costs by the greatest amount.

Marginal Cost

The change in total cost that arises from producing one additional unit of a product or service.