A Company Would Be Reducing Its Discretionary Costs If It

question 44

Multiple Choice

A company would be reducing its discretionary costs if it

• A)fired a production supervisor.
• B)closed its research and development department.
• C)successfully negotiated a reduction in its factory rent.
• D)reduced its direct labor costs by hiring temporary workers.

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Definitions:

Theoretical

Concerning the abstract principles or models that are used to explain empirical phenomena.

Research-Oriented

Describes an approach or organization that prioritizes investigation, analysis, and study to drive innovation and development.

Contingency Approach

A management theory that suggests the best way to manage an organization depends on the specific circumstances.

Situational Appropriateness

The ability to adjust behavior, responses, or strategies based on the specific context or circumstances one is in.