Which of the Following Is the Most Likely Result of Treating

question 26

Multiple Choice

Which of the following is the most likely result of treating family and non-family employees at a small business differently?

• A)communication difficulties
• B)benefits discrepancies
• C)union involvement
• D)poor morale

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Definitions:

Central Planning

A system where a nation's government makes all decisions regarding the economy, including resources allocation and production levels.

Unselfish Behavior

Actions that prioritize the welfare of others over one's own personal benefit.

Economic System

A particular set of institutional arrangements and a coordinating mechanism for solving the economizing problem; a method of organizing an economy, of which the market system and the command system are the two general types.

Institutional Arrangements

The formal and informal rules, organizations, and practices that structure economic, political, and social interactions in societies.