Which One of the Following Statements Is INCORRECT

question 75

Multiple Choice

Which one of the following statements is INCORRECT?

• A) The higher the GDP of a country, the more equal its income distribution.
• B) The primary sector accounts for a larger share of GDP for LDCs than MDCs.
• C) Workers in MDCs are more productive than those in LDCs.
• D) The HDI is a function of economics, social, and demographic indicators.
• E) Women participate in formal and informal economies even in LDCs with high levels of gender inequality.

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Definitions:

Management Theory

A collection of ideas and principles that guide the organization, planning, and control of an organization to achieve its objectives.

Operational Efficiency

The capability of an organization to deliver products or services to its customers in the most cost-effective manner while ensuring the quality of its product, service, and support.

Zero Defects

A quality management philosophy aiming for the elimination of defects through continuous improvement.

Internal and External Customers

Internal customers are employees or departments within an organization that depend on each other's work, while external customers are individuals or entities that purchase the company’s products or services.