According to the Text, Which of the Following Concepts Is

question 45

Multiple Choice

According to the text, which of the following concepts is NOT considered to be a progressive human resource practice of organizations that seek talented employees?

• A) Self-managed teams
• B) Employee empowerment
• C) Extensive training
• D) Job security

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Definitions:

Consumer Surplus

The gap between what consumers are ready to pay in total and what they end up actually paying.

Consumer Surplus

The distinction between the total cost consumers are willing to offer for a good or service and the amount they eventually pay.

Surplus II

An excess amount of a product or resource compared to the demand, often resulting in lower prices.

Surplus III

An excess of production or supply over demand, often referring to goods in a market that exceed buyer requirements.