You Are a New Employee with Acme, Inc

question 27

Multiple Choice

You are a new employee with Acme, Inc. Your supervisor has explained your job to you and has indicated that you will have a great deal of control over your job once you become proficient at it. He compliments your history of accepting responsibility and suggests that you are to feel free to offer constructive criticism about the way that your job is structured.
-Which of the following is something you would not expect your supervisor to believe?

• A) Workers are generally reliable.
• B) The ability to make innovative decisions is not necessarily the sole province of managers.
• C) Employees view work as natural.
• D) The average person will seek responsibility.
• E) Workers place security above most other factors.

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Definitions:

Implicit Cost

Represents the opportunity costs of using resources owned by the firm for its own production processes, without direct payment.

Interest Income

The income earned from lending funds or investing in interest-bearing financial instruments, such as saving accounts, bonds, or loans.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding costs related to production.

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain at a constant.