Low Cost Businesses

question 38

Multiple Choice

Low cost businesses

• A)emphasize reward systems that encourage cost reductions.
• B)Emphasize reward systems that encourage innovation.
• C)Emphasize reward systems that encourage cost reductions and innovation.
• D)None of the above.

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Definitions:

Ph.D.

A Doctor of Philosophy degree, a postgraduate academic degree awarded by universities.

College Professors

Faculty members at colleges and universities responsible for teaching courses, conducting research, and participating in academic service.

Employment Discrimination

Unjust or prejudicial treatment of individuals in a workplace environment based on race, age, gender, disability, or other protected characteristics.

Personal Prejudices

Individual biases or preconceived opinions that influence one's feelings or actions towards others or certain situations.