Which Term Describes Groups of Operating Employees Who Are Empowered

question 28

Multiple Choice

Which term describes groups of operating employees who are empowered to plan and organize their tasks and to perform those tasks with a minimum of supervision?

• A) Task forces
• B) Standing committees
• C) Work teams
• D) Division committees
• E) Board members

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Definitions:

Curve

In economics, a curve often represents graphical data showing relationships between two variables, such as supply and demand or price and quantity.

Production

The process of creating goods and services, from the input of resources to the output of finished products.

Price Level

The average of the current prices of goods and services in the economy, often compared over time to assess inflation.

Equilibrium GDP

The level of real GDP at which aggregate supply equals aggregate demand, resulting in a stable economy without tendencies to change.