In High-Performance Organizations, Which of the Following Is a Key

question 14

Multiple Choice

In high-performance organizations, which of the following is a key purpose of training?

• A) to get employees to assume greater responsibility
• B) to help employees earn higher wages
• C) to encourage employees to remain loyal to the organization
• D) to encourage employees to lower organizational costs

---

Definitions:

Fixed Inputs

Resources used in the production process whose quantity cannot easily be changed in the short run, such as buildings and machinery.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, ceteris paribus (with all other inputs held constant).

Bushels

A unit of volume that is used to measure agricultural commodities like grains and fruits.

Total Product Curve

A graphical representation of the production function, showing how the quantity of output depends on the quantity of the variable input for a given quantity of the fixed input.