The Major Incentive for Cost Minimization Is the

question 26

Multiple Choice

The major incentive for cost minimization is the

• A)power of shareholders in the company.
• B)fear of top management by workers.
• C)discipline imposed by the market system.
• D)impact on U.S.corporations of taxing by the government.

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Definitions:

Natural Experiment

An empirical study in which individuals or groups are exposed to conditions that are determined by nature or by other factors outside the control of the researchers.

Confounding Variables

External factors that can affect the results of an experiment or study by being intertwined with the independent variable.

Correlational Study

Research design intended to discover whether a statistical relationship between variables exists.

Laboratory Experimental Approach

A research method in which variables are manipulated and controlled in a lab setting to study their effects on outcomes of interest.