Which of These Refers to a Reward Given by Another

question 16

Multiple Choice

Which of these refers to a reward given by another person?

• A) Intrinsic reward
• B) Internal reward
• C) Extrinsic reward
• D) Valued reward
• E) Charity

Understand diverse strategies to achieve time, quality, or cost reduction in organizations.

Recognize the benefits of hybrid supply structures in organizational design.

Comprehend the influence of organizational structure on supply processes, internal relationships, and systems.

Acknowledge the role of standardization in lowering the total cost of ownership.

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Definitions:

Fixed Input

Inputs used in production that cannot be varied in the short term, such as buildings or machinery.

Plant Size

The physical capacity or dimensions of a manufacturing facility.

Implicit Costs

They represent the opportunity costs of using resources that a company already owns, rather than the out-of-pocket expenses.

Economic Costs

The total cost of production, including both explicit costs like wages and materials and implicit costs such as opportunity costs.