When Lower-Level Managers and Employees Are Involved in the Planning

question 57

Multiple Choice

When lower-level managers and employees are involved in the planning process, ________.

• A) the documents they create are rarely reviewed
• B) the plans take on a life of their own
• C) their job satisfaction increases but productivity suffers
• D) they see the plans as more than just something written down on paper

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to buy at various prices.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that producers are willing to sell, holding all else constant.

Levied

Imposed, typically referring to taxes or duties.

Equilibrium Quantity

The level of goods or services offered that equals the quantity consumers are willing to buy at the equilibrium price in the market.