One of the Most Important Factors in Successfully Creating Organizational

question 72

Multiple Choice

One of the most important factors in successfully creating organizational change is the creation of a culture of __________.

• A) ethics
• B) trust
• C) performance
• D) diversity

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Definitions:

Marginal Product

The increase in output resulting from a one-unit increase in the amount of a single input, holding all other inputs constant.

Capital For Labor

The process of investing in capital goods to increase productivity, often leading to the replacement of labor with technology.

Price Of Labor

The compensation that workers receive in exchange for their labor, often reflected in wages or salaries.

Marginal Product

The additional output that results from using one more unit of a particular input.