Which of the following makes the top management team a key to an organization's success?
A) Greater variance in age among the top management B) Higher pay for members in the top management C) Large number of members in the top management D) The ability to exert power and influence throughout the entire organization
Elasticity of demand is closely related to the slope of the demand curve. The more responsive buyers are to a change in price, the
A) steeper the demand curve will be. B) flatter the demand curve will be. C) further to the right the demand curve will sit. D) closer to the vertical axis the demand curve will sit.