Employee Involvement Is a Participation Process That Uses the Input

question 34

True/False

Employee involvement is a participation process that uses the input of employees and is designed to encourage increased commitment to the organisation's success.

---

Definitions:

Supply Curve

A graph showing the relationship between the price of a good and the amount of it that producers are willing to supply at those prices.

Short-Run Elasticity

Refers to the responsiveness of the quantity demanded or supplied of a good or service to a price change over a short period.

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price over a specific period.

Quantity Sold

The total number of units of a product or service that have been purchased by customers in a specific time period.