Who Makes Decisions About How to Allocate Resources

question 149

Multiple Choice

Who makes decisions about how to allocate resources?

• A) Individuals
• B) Businesses
• C) Governments
• D) All of these make decisions about resource allocation.

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Definitions:

Staff Meetings

Regularly scheduled gatherings where employees and management discuss progress, share information, and coordinate activities within an organization.

Salary

A fixed amount of wages paid to an employee on a regular basis for a prescribed period of time, for example, weekly or monthly.

Fixed Amount

A specific, unchanging sum of money that is agreed upon for transactions, payments, or financial obligations.

Benefits

Sometimes known as fringe benefits.