An OB Study Would Be Least Likely to Be Used

question 8

Multiple Choice

An OB study would be least likely to be used to focus on which of the following problems?

• A) a decrease in sales due to growing foreign competition
• B) excessive turnover in volunteer workers at a non-profit organization
• C) a fall in productivity in one shift of a manufacturing plant
• D) an increase in absenteeism at a certain company
• E) an increase in theft by employees at a retail store

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Definitions:

Competitive Market

A market structure characterized by a large number of buyers and sellers where no single party can dictate the market price of goods or services.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, often a measure of producer wellbeing.

Production Costs

The total expenses incurred in the process of creating goods or services, comprising direct materials, direct labor, and overheads.