According to Alex Pentland and Benjamin Waber, the Workers Who

question 16

Multiple Choice

According to Alex Pentland and Benjamin Waber, the workers who interact the most with their co-workers are the most productive because

• A) workplace communication only involves trading facts.
• B) they are more likely to experience groupthink.
• C) they are more prepared to make important work-related decisions.
• D) workplace communication is always oral.

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Definitions:

Variable Costs

Costs that vary directly with the level of production or volume of output, such as materials and labor directly involved in a company's manufacturing process.

Required Rate of Return

The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.

Break-Even Quantity

Break-even quantity is the number of units that must be sold for total revenues to equal total costs, at which point the company makes no profit but also incurs no loss.

Discounted Payback

A capital budgeting technique that calculates the amount of time needed to recoup an investment based on the present value of its cash flows, accounting for the time value of money.