From the Perspective of Members of Congress, What Was the Principal

question 82

Multiple Choice

From the perspective of members of Congress, what was the principal cause of the economic recession of 2008?

• A) too much government spending on social welfare programs
• B) not enough government spending on social welfare programs
• C) the high prices Americans pay for health care and health insurance
• D) excessive risk taking by investors
• E) too much government regulation

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Definitions:

Systematic Management

An approach to management that focuses on processes and procedures, emphasizing efficiency, standardization, and the overall coordination of all parts of an organization to achieve its objectives.

Performance-Based Pay

A compensation model that ties employees' salary or bonuses to their performance or achievements in the workplace.

Individual-Level

Pertains to factors or characteristics that relate to a single person, as opposed to groups or organizational entities.

Organization-Level

Pertains to processes, characteristics, or outcomes that are collective in nature and pertain to the entirety of an organization.