The Major Incentive for Cost Minimization Is the

question 26

Multiple Choice

The major incentive for cost minimization is the

• A)power of shareholders in the company.
• B)fear of top management by workers.
• C)discipline imposed by the market system.
• D)impact on U.S.corporations of taxing by the government.

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Definitions:

Rate of Return

Rate of return is a measure of the profitability of an investment over a certain period, expressed as a percentage of the original investment.

Term of Loan

The duration of time over which the borrower is obligated to repay the loan, typically expressed in months or years.

Term of Loan

The duration over which a loan agreement is in effect, encompassing the time by which the loan must be repaid.

Rate of Return

The gain or loss on an investment over a specific period, expressed as a percentage of the investment's cost.