Which of the Following Is a Form of Stratification in Which

question 17

Multiple Choice

Which of the following is a form of stratification in which all positions are awarded on the basis of merit?

• A) democracy
• B) meritocracy
• C) capitalism
• D) oligarchy
• E) technocracy

Understand how flexible work arrangements can fulfill different hierarchical needs.

Describe the significance of security and esteem needs in the context of motivation.

Explain the role of self-actualization in personal and professional development.

Apply motivational theories to understand the behavior of individuals in organizational contexts.

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Definitions:

Manufacturing Overhead

All production costs other than direct materials and direct labor, including expenses such as rent, utilities, and equipment depreciation.

Overhead Applied

The amount of overhead costs allocated to products or services based on a predetermined overhead rate.

Direct Labor-Hours

The total hours of labor directly involved in the production of goods, a key factor in calculating labor costs.

Estimated Total Overhead

The projected total of all indirect production costs, including but not limited to utilities, rent, and administrative expenses.