Which of the Following Statements Is CORRECT

question 145

Multiple Choice

Which of the following statements is CORRECT?

• A) Command systems are used only in the military.
• B) An incentive system is a method of organizing production that uses a market-like mechanism inside the firm.
• C) Selling organizations usually don't use incentive systems.
• D) A production line is a good example of how an incentive system works.

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Definitions:

Knowledge Gained

The information or skills acquired through experience or education.

Information

Data that have been organized and processed to be useful to someone for making decisions, understanding a topic, or learning new things.

Manipulated Variable

In experimental research, this is the variable that is changed or controlled by the researcher to observe its effect on the dependent variable.

Dependent Variable

The variable in an experiment that is expected to change as a result of manipulations to the independent variable.