Using ________,Firms That Analyzed Jobs and Found Better Ways to Perform

question 148

Multiple Choice

Using ________,firms that analyzed jobs and found better ways to perform them were able to produce goods more cheaply,make higher profits,and thus pay and motivate workers more than its competitors.

• A) Theory Y
• B) the Hawthorne effect
• C) scientific management
• D) expectancy theory

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Definitions:

Self-Interest

The pursuit of personal advantage and well-being, often driving economic decisions and behaviors.

Expansionary Fiscal Policy

A government policy aimed at stimulating economic growth by increasing public spending, cutting taxes, or both, to boost aggregate demand.

Equilibrium Price Level

The cost at which the amount of products offered matches the amount of products requested.

Equilibrium Output

The level of production at which the quantity of goods produced equals the quantity of goods demanded.