Long-Run Decisions Are

question 29

Multiple Choice

Long-run decisions are:

• A) constrained because all inputs are variable.
• B) constrained because all inputs are fixed.
• C) constrained because some inputs are fixed and others are variable.
• D) unconstrained because all inputs are variable.

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Definitions:

Core Dimension

Fundamental aspects or elements that constitute the basis of a concept, theory, or organization.

Job Enrichment

A job design technique that is aimed at motivating employees by modifying work to improve its quality and the employees' autonomy.

Skill Variety

The degree to which a job requires a range of different activities and skills to carry out the work involved, contributing to worker satisfaction.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work, which impacts an employee's sense of accomplishment and motivation.