Which Types of Goals Appears to Enhance Productivity the Most

question 136

Multiple Choice

Which types of goals appears to enhance productivity the most?

• A) easy, nonchallenging goals that require little effort
• B) moderate but nonchallenging goals
• C) high, challenging, but attainable goals
• D) goals slightly higher than what is really attainable, which always push workers to try a little harder, no matter how hard they actually try

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Definitions:

Industry

A collection of businesses and companies that produce similar goods or offer similar services within an economic sector.

Invisible Hand

A metaphor coined by Adam Smith to describe how individuals pursuing their self-interest unwittingly contribute to the economic prosperity of society.

Market System

An economic approach wherein the processes of investment, manufacturing, and goods distribution are directed by supply-demand correlation, with a system that freely sets the prices of goods and services.

Prices

The amount of money required to purchase goods or services, indicating the value that consumers are willing to pay and sellers are willing to accept.