Firms Organize Production by Using

question 31

Multiple Choice

Firms organize production by using

• A)command systems only.
• B)incentive systems only.
• C)command and incentive systems.
• D)market systems only.
• E)principal-agent systems only.

---

Definitions:

Office of Federal Contract Compliance Procedures

An agency responsible for ensuring that employers doing business with the Federal government comply with the laws and regulations requiring nondiscrimination.

Employee-Selection Procedures

The methods and processes used by organizations to choose the most suitable candidates for positions from a pool of applicants.

Law Enforcement Agencies

Government institutions that are responsible for the prevention, detection, and investigation of crime, as well as the apprehension of offenders.

PATRIOT Act

Short for the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act, it is U.S. legislation passed in 2001 aimed at enhancing national security measures.