Answer:SELF-MANAGED
Explanation: A self managed team is a team where only the members of the team or Organisation plans,organises and cordinate the Activities of the team or Organisation. This type of team is also known as a self-organised or self-controlled team or Organisation,as all management functions are rotated among the members of the team or organisation.
Self managed teams or Organisation is semi-autonomous of external parties, they depend on the personnel inside the Organisation.
Answer:
D) When price is lowered to sell one more unit, the lower price results in a revenue loss and the increased quantity sold results in a revenue gain.
- When you offer a sales discount, you are losing revenue since marginal revenue is lower than price, but at the same time if the marginal revenue is ≥ to marginal cost, then your profit and total revenue is increasing.
Explanation:
the other statements are false because:
- A. Marginal revenue equals total revenue divided by quantity sold. FALSE, MARGINAL REVENUE IS THE REVENUE GENERATED BY SELLING ONE ADDITIONAL UNIT.
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B. For a monopoly, marginal revenue equals price. FALSE, FOR A MONOPOLY MARGINAL REVENUE IS LOWER THAN PRICE.
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C. For a monopoly, total revenue equals marginal revenue multiplied by the quantity sold. FALSE, TOTAL REVENUE = PRICE X QUANTITY SOLD
