Which of the Following Is an Advantage of Programmed Responses

question 5

Multiple Choice

Which of the following is an advantage of programmed responses?

• A)They help decision makers avoid going through all the steps of the decision-making process.
• B)They don't run the risk of being dysfunctional.
• C)They don't need regular review because they are standard.
• D)They are less subject to change over long periods of time and don't run the risk of being obsolete.

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Definitions:

Money Income

The total earned income in monetary terms by an individual or household, including wages, salaries, bonuses, and other financial gains.

Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, over time.

Real Wage

Refers to wages that have been adjusted for inflation, representing the purchasing power of income.

Nominal Wage

The wage paid to labor in current dollar terms, without adjustment for inflation.