If Worker Output Is NOT Measurable in Physical Units, and Employees

question 187

Multiple Choice

If worker output is NOT measurable in physical units, and employees are hard to monitor, it would be best to organize the firm using

• A) a command system.
• B) a monitoring system.
• C) an incentive system.
• D) None of the above answers is correct.

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Definitions:

Sole Proprietorship

A sole proprietorship is a type of business entity operated and owned by one person who bears complete responsibility for the company's operations and financial obligations.

Crowdfunding

A process where small sums of money are gathered from many people to support a project or enterprise, usually through internet channels.

Financial Statements

Documents that provide an overview of a company or individual's financial condition, including balance sheets, income statements, and cash flow statements.

Public Funds

Financial resources collected and spent by government entities for the benefit and administration of public services.