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A Tally of an Organization's Performance in Financial,customer Service,internal Process

question 143

Multiple Choice

A tally of an organization's performance in financial,customer service,internal process and innovation and learning areas is an) :

Comprehend the impact of modern media on communication processes and strategies to manage its challenges.
Understand the importance of being the primary source of information in managing rumors and gossip.
Understand the different types of communication within an organization.
Recognize the characteristics and importance of formal and informal communication.

Definitions:

Marginal Benefit

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Marginal External Damages

Additional harm or cost imposed on society or a third party that is not accounted for by the producer or consumer of a good or service.

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, including both the cost to the producer and the cost to society of any environmental or other externalities.

Monopoly

Market with only one seller.

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