Senior Management Often Justify Reducing the Time Schedules for System

question 74

Multiple Choice

Senior management often justify reducing the time schedules for system projects by:

• A) saying the tighter schedules make workers work more efficiently.
• B) saying they want to look good to their bosses.
• C) saying that angry employees work better.
• D) saying the workers lack proper motivation.

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Definitions:

Opportunity Cost

The expense incurred by not selecting the next most favorable option when deciding or opting for one action instead of another.

Hourly Wage

The amount of money paid to an employee for one hour of work.

Leisure

Time free from work or duties, which can be used for relaxation, hobbies, or cultural activities.

Substitution Effect

The transformation in purchasing decisions resulting from changes in the relative pricing of goods, compelling consumers to replace one good with another.