The Largest Contributor to Productivity Increases Is ________, Estimated to Be

question 34

Multiple Choice

The largest contributor to productivity increases is ________, estimated to be responsible for ________ of the annual increase.

• A) management; over one-half
• B) Mr. Deming; one-half
• C) marketing and sales; two-thirds
• D) capital; 90%
• E) technology; over one-half

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Definitions:

Disinterested Directors

Board members who do not have a personal financial interest in a corporate decision, ensuring unbiased governance.

Quorum Of The Board

The minimum number of board members that must be present at a meeting to legally conduct business.

Nonprofit Corporation

A legal entity organized and operated for a collective, public or social benefit, rather than to generate profit for owners or investors.

Business Judgment Rule

A legal principle that shields corporate executives from liability for decisions made in good faith and with the belief that they were in the best interest of the company.