As a Result of the Great Recession

question 33

Multiple Choice

As a result of the Great Recession,

• A)home equity values and retirement assets plummeted.
• B)unemployment rose.
• C)Americans were bitter as they lost homes and jobs and banks and businesses received government bailouts.
• D)Americans lost more than $6 trillion of their net worth.
• E)All of these are correct.​

---

Definitions:

Job Feedback

Information provided to employees regarding their performance, used as a basis for improvement and development.

Effectiveness

Denotes the degree to which objectives are achieved and the extent to which targeted problems are solved.

Employee's Performance

An assessment of how effectively and efficiently an employee completes their assigned tasks and contributes to the objectives of the organization.

Natural Teams

Groups of individuals who form a working team based on inherent or organic relationships and common goals, rather than being artificially assembled.