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Lostsunrise [7]
3 years ago
14

________ is the process of planning, organizing, directing, and controlling an organization's financial, physical, human, and in

formation resources to achieve its goals. A. Developing a mission statement B. First-line research C. Management D. Skill development
Business
1 answer:
Pie3 years ago
6 0

<u>Answer:</u> C. Management

<u>Explanation:</u>

In order to achieve the goals and objectives of the organization the management has to follow the process of planning, directing, and controlling an organization's financial, physical, human, and information resources. Planning is the way of organizing things to achieve desired goals. Guidance and motivation of the employees is essential for meeting goals

Monitoring and evaluating the tasks is necessary action by the management to control the activities of the firm and direct them in the right path.

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shepuryov [24]

Answer: C. The ATC curve eventually slopes upward because average variable cost eventually increases

Explanation:

The Law of Diminishing Marginal Returns causes the Average Total Cost curve to eventually slope upwards because the Average Variable Cost will increase.

Why?

At first, with production increasing, a firm will be very efficient at producing a certain good thereby driving the cost down per unit. As time goes on however, the law of Diminishing Marginal Returns comes into play as more is invested into the business. The cost per unit will therefore rise which will lead to the ATC curve going upwards.

I have included a simple graph to illustrate.

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Which of the following carries regularly involve traveling?
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Playful Pens, Inc., makes a single model of a pen. The cartridge for the pen (which contains the ink) is manufactured on one mac
Elan Coil [88]

Answer:

a) B. Machine 2

b) $220,000

b-2) Yes , positive differential profit.

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c-2) Yes , positive differential profit.

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