A Caution About Cost Cutting Is That It Can Lead

question 52

Multiple Choice

A caution about cost cutting is that it can lead to

• A) low morale and lower quality goods and services.
• B) the image of a cheap company
• C) both a & b
• D) increase the cost of supplies

---

Definitions:

Policy Making

The process by which governments and other authoritative bodies develop and implement rules, laws, and guidelines.

Ideological

Pertaining to a system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.

Contingent

Dependent on or conditioned by something else; not absolute or certain.

Racial Stereotypes

Preconceived and oversimplified ideas or images about the characteristics of members of a specific race, often used to justify prejudicial attitudes and discrimination.