One Way That Organizations Can Enforce Limitations on the Storage

question 36

Multiple Choice

One way that organizations can enforce limitations on the storage of electronic communication is:

• A) to delegate responsibility to individual managers.
• B) enforce storage limits and disallow new messages when a mail box reaches capacity.
• C) charge for storage of electronic communications.
• D) store and administer electronic communications centrally.
• E) All the above

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Definitions:

Profit-maximizing

The business objective of achieving the highest possible profit from operations, achieved by balancing costs and revenues.

Factor Price

The payment received by a factor of production, for example, wages for labor, rent for land, or interest for capital.

Production Function

A mathematical representation of the relationship between inputs (such as labor and capital) and the maximum output that can be produced with those inputs.

Profit-maximizing

The process or strategy implemented by firms to determine the price and output level that returns the highest profit.