Money Serves All of the Following Basic Functions Except _____

question 120

Multiple Choice

Money serves all of the following basic functions except _____.

• A)medium of barter
• B)medium of exchange
• C)measure of value
• D)store of value

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Definitions:

Scanlon

A type of participative management approach aimed at improving productivity and efficiency within an organization through employee involvement in decision-making.

Improshare Plans

A method designed to improve productivity through sharing the increased profits with employees.

Psychological

Pertaining to the mind or mental processes and how they affect behaviors, feelings, and thoughts.

Efficiency

The ability to achieve maximum productivity with minimum wasted effort or expense.