Technological Improvements Are More Likely to Occur If

question 12

Multiple Choice

Technological improvements are more likely to occur if

• A)the economy is centrally planned.
• B)entrepreneurs are compensated with higher profits for taking risks.
• C)economic decisions are made by politicians rather than entrepreneurs.
• D)companies face little competition in their markets.

Understand the implications of early cognitive abilities on future performance and achievement.

Appreciate the polygenetic nature of intelligence and the role of many genes in cognitive abilities.

Comprehend the relationship between intelligence test scores among family members and the influence of heredity.

Recognize how life span studies contribute to our understanding of intelligence stability and change over time.

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Definitions:

Profit Sharing

Any procedure by which an employer pays, or makes available to all regular employees, in addition to base pay, special current or deferred sums based on the profits of the enterprise

Job Classification System

A system of job evaluation in which jobs are classified and grouped according to a series of predetermined wage grades.

Point System

A quantitative job evaluation procedure that determines the relative value of a job by the total points assigned to it

Work Evaluation

The process of assessing the performance of employees or tasks, typically to inform decisions about promotions, salaries, or training needs.