The Major "Success Indicator" for Business Managers in Command Economies

question 49

Multiple Choice

The major "success indicator" for business managers in command economies like the Soviet Union and China in the past was

• A) the quantity or volume of production.
• B) product quality and variety.
• C) the amount of profits a producer makes.
• D) morale of workers in a firm.

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Definitions:

Ambiguous Jurisdictions

Situations where the authority or legal power to govern or make decisions is unclear or disputed.

Scarce Resources

Resources that are limited in availability and cannot satisfy all the demands or requirements in a given environment.

Dependence

A situation in which someone relies on something or someone else for support or needs them in order to survive or succeed.

Prime Work Positions

Employment roles considered highly desirable due to factors like salary, status, or the opportunity for professional growth.