Which of the Following Will Be Most Likely to Contribute

question 18

Multiple Choice

Which of the following will be most likely to contribute to the growth of a less-developed country?

• A) Price controls that keep the cost of agricultural products low.
• B) Rapid population growth.
• C) Exchange rate controls and export restrictions.
• D) Secure property rights and low marginal tax rates.

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Definitions:

Bureaucratic Control

Control accomplished through rules and routines.

Standardized Rules

Established and uniform procedures and criteria that apply to all relevant parties in a given context to ensure consistency and fairness.

Scripted Greetings

pre-written messages used in customer service settings to ensure consistency and efficiency in communication with clients.

Output Control

A management process where actual output is measured, compared to desired output, and adjustments are made as necessary to achieve objectives.