Which of the Following Actions of Managers Is Most Likely

question 5

Multiple Choice

Which of the following actions of managers is most likely to result in compliance with policies and procedures?

• A) Punitive measures for non-compliance with a policy
• B) Review of the manual during new-employee orientation
• C) On-going employee reviews of selected policies and procedures
• D) Strict procedures and vague policies

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Definitions:

Duopolists

Refers to two companies or entities that dominate or control an entire market for a particular product or service, shaping prices, supply, and competition.

Monopolist

A monopolist is an entity or firm that has exclusive control over a market for a particular good or service, enabling it to adjust prices without direct competition.

Collude

To cooperate with others, often in secret and unlawfully, in order to deceive or gain an unfair advantage.

Output

The quantity of goods or services produced by a firm, industry, or economic system in a given period.