In Regards to the Uncommon Length of the Great Depression,both

question 4

Multiple Choice

In regards to the uncommon length of the Great Depression,both Shumpter and Higgs contend that

• A)private investment remained depressed in part due to the political climate created by the New Deal.
• B)Social Security and the freedoms granted to labor,along with a progressive tax structure promoted growth in private investment.
• C)the undistributed profits tax of 1936 encouraged businesses to undertake long-term investments.
• D)the New Deal rhetoric from President Roosevelt,offered a pro-business slant that offended labor groups.

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Definitions:

Operations Management

The administration of business practices to create the highest level of efficiency possible within an organization, focusing on converting materials and labor into goods and services as effectively as possible.

Customer Relationship Management

A strategy for managing an organization's interactions with current and potential customers using data analysis about customers' history.

Financial Management

The practice of planning, directing, monitoring, organizing, and controlling the monetary resources of an organization or individual.

HR Management

The strategic approach to the effective management of people in an organization, focusing on policies and systems to improve employee performance and satisfaction.