Even Though the Most Recent Recession Ended Several Years Ago

question 26

Multiple Choice

Even though the most recent recession ended several years ago, youth unemployment continues to be high. This is an example of youth being impacted by which factor of the business environment?

• A) competitive
• B) educational
• C) economic
• D) employment

Understand the concept of minimum required rate of return.

Evaluate investment opportunities in terms of residual income and ROI.

Assess the impact of new investments on overall company performance.

Understand the factors influencing divisional performance evaluation.

---

Definitions:

Systems Approach

A method of problem solving or analysis that views problems as parts of an overall system, rather than focusing on individual components.

Scientific Management

A theory and practice of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity.

Frederick W. Taylor

A mechanical engineer from America who aimed to enhance productivity in the industrial sector and is recognized as the progenitor of scientific management.

Open Systems

A concept in organizational and system theories that describes entities which interact with their environments by exchanging resources, information, and energy.