Which of the Following Is a Problem with a Company

question 7

Multiple Choice

Which of the following is a problem with a company establishing standards for performance? For example: production rates of 10 units per hour.

• A) Employees are driven to work so fast they may make defects
• B) Employees and managers may falsify production records
• C) Once performance goals are reached, incentives to improve may disappear
• D) All of the above

---

Definitions:

Demand

The desire and ability of consumers to purchase goods and services at given prices, influencing market equilibrium and pricing strategies.

Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced, typically identified by a fall in GDP in two successive quarters.

Keynes

Pertains to John Maynard Keynes, an English economist whose theories revolutionized macroeconomic practice and government economic strategies.

Aggregate Supply

The nation’s total output of goods and services.