Which Is the First Step Managers Should Follow in Goal

question 8

Multiple Choice

Which is the first step managers should follow in goal setting?

• A) evaluating available resources
• B) determining goals individually or with input from others
• C) writing down goals and communicating them to all who need to know
• D) reviewing the organization's mission

---

Definitions:

Variable Cost

A cost that varies with the level of output or production, such as materials and labor directly involved in manufacturing.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent or a salaried employee's wages.

Variable Costs

Expenses that change in proportion to the activity or volume of production, sales, or services rendered.

Fixed Costs

Charges that are unaffected by production or sales volume, for example, monthly rent or payroll expenses.