A Firm Becomes More Capital Intensive If It Increases the Ratio

question 84

True/False

A firm becomes more capital intensive if it increases the ratio of capital to labor.

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Definitions:

Continuance Commitment

An employee's loyalty to an organization based on the costs they associate with leaving, such as losing benefits or facing a lack of suitable job alternatives.

Job Evaluations

are systematic processes used by organizations to determine the relative value, importance, or complexity of a job in relation to other jobs within the organization.

Reward System

A structured scheme within organizations to incentivize and recognize employee performance, contributing to motivation and job satisfaction.

Self-reinforcement

The act of rewarding oneself to encourage a behavior or achievement, based on personal standards or goals.