If a calculator company produces 100,000 hand calculators at a cost of $10, but the cost drops to $9 when it produces 200,000 and $8 when it produces 400,000 hand calculators, the decline in average cost with accumulated product experience is called

A SWOT analysis focuses on which of the following?

A) on your business only B) on both your business and your competitors C) on your competitors' businesses only D) on the customers only

The four managerial functions first described by Fayol are considered the "best" because ________

A) they were devised a long time ago B) most sources still use them C) they date back to ancient Greece and Rome D) they are no longer popular today