_____ Contributes to an Employee's Self-Worth, Which, in Turn Increases

question 77

Multiple Choice

_____ contributes to an employee's self-worth, which, in turn increases productivity and reduces absenteeism.

• A)Empowerment
• B)Micromanagement
• C)Bureaucratic management
• D)Limited autonomy
• E)Consumerism

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Definitions:

Labor

The exertion of mental or physical strength by humans to create goods and services.

Fixed Cost

Fixed cost refers to a cost that does not change with the level of goods or services produced by a business over a certain period.

Production

The creation or manufacture of goods and services with the combination of labor, equipment, technologies, and raw materials.

Diminishing Returns

A principle stating that if one factor of production is increased while others are held constant, the output per unit of the variable factor will eventually decrease.