Which of the Following Does NOT Describe the Philosophy of Classical

question 80

Multiple Choice

Which of the following does NOT describe the philosophy of classical economists?  

• A) They criticized mercantilism as an economic system. 
• B) They advocated laissez-faire policies to promote economic growth. 
• C) They believed the economy would naturally tend toward full employment. 
• D) They sought government intervention in markets to promote fairness.

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Definitions:

Employee Development

Initiatives and programs aimed at improving staff skills, competencies, and career prospects for better performance and job satisfaction.

Compensation

The complete sum of cash and non-cash compensation given to an employee by an employer in exchange for the work done as requested.

Internal Marketing

The notion that a service organization must focus on its employees, or internal market, before successful programs can be directed at customers.

Customer Experience Management

A business strategy focused on managing and improving the entire customer experience across various touchpoints and interactions.