When Is Piecework Most Appropriate

question 93

Multiple Choice

When is piecework most appropriate?

• A) when the job is fairly standardized
• B) when quality is more important than quantity
• C) when performance measures are difficult to define
• D) when technology changes are frequent

Recognize various business strategies for reaching and serving target customer segments.

Analyze the role of product and service differentiation in competitive markets.

Grasp the importance of flexibility in entrepreneurial business models.

Discern between different revenue streams and pricing strategies.

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Definitions:

Greektown

A neighborhood or area within a city known for its significant Greek population, culture, and businesses.

Disinhibitory Effect

Displaying a previously suppressed behavior because a model does so without receiving punishment.

Inhibitory Effect

Suppressing a behavior because a model is punished for displaying the behavior.

Congressional Hearing

An official meeting or session held by a congressional committee to investigate, review, or discuss a matter of public concern or legislative policy.