Which of the Following Is True of Private Ownership

question 209

Multiple Choice

Which of the following is true of private ownership?

• A) Private ownership links responsibility with the right of control.
• B) Private owners have little incentive to conserve natural resources for the future.
• C) Private owners have little incentive to develop and use their assets in ways others value.
• D) Private owners can do anything they want with the things they own regardless of the damage it does to the property of others.

Identify different disciplinary actions and their implications for managing underperformance.

Comprehend the importance of setting effective goals within a Management by Objectives (MBO) system and the attributes that goals should have.

Understand the methodologies and rationales behind various performance appraisal timing and feedback strategies.

Understand the basic concepts and theories of organizational management and leadership.

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Definitions:

Predetermined Tools

Tools or equipment selected prior to their application or implementation in a process or project.

Repetitive

Characterized by or involving repetition, especially in actions, events, or processes, leading to a lack of variety.

Motivational Factors

Elements or conditions that drive individuals to put forth effort towards achieving goals and performing tasks.

Job Enrichment

A method of motivating employees by adding variety, autonomy, and increased responsibility to their roles to enhance job satisfaction and performance.