The Basic Forces Driving the "Invisible Hand" Are

question 41

Multiple Choice

The basic forces driving the "invisible hand" are

• A)government and business.
• B)information and computer technology.
• C)competition and self-interest.
• D)cooperation and altruism.

---

Definitions:

Flextime

An arrangement that allows employees to choose their working hours within agreed limits, promoting work-life balance.

Compressed Workweek

A work schedule that allows employees to work their full hours over fewer days, such as four ten-hour days, leading to longer weekends and potential cost savings.

Mutual Trust

A reciprocal belief between parties that each will act with honesty, integrity, and reliability.

Employment Policies

Guidelines and rules established by organizations to manage their workforce effectively.