According to Your Textbook Why Would Managers Pursue the De-Skilling

question 32

Multiple Choice

According to your textbook why would managers pursue the de-skilling of labour and simplifying of jobs?

• A)It ensured the efficient extraction of surplus value.
• B)It ensured labour could be controlled.
• C)It created the need for managerial hierarchies.
• D)all of these

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Definitions:

Loan Collateral

Assets or property pledged by a borrower to secure a loan, serving as a guarantee for the lender that the loan will be repaid.

Liquidation Value

The estimated total value of a company's physical assets if it were to be terminated and the assets sold, typically assessed in the context of a business facing bankruptcy.

Diversify Risk

The strategy of spreading investments across various sectors or assets to reduce the overall risk exposure.

Operating Leases

Agreements that allow one to use an asset for a specified period without owning it, typically with lower monthly payments than a finance lease.