Which of the Following Statements Is CORRECT

question 145

Multiple Choice

Which of the following statements is CORRECT?

• A) Command systems are used only in the military.
• B) An incentive system is a method of organizing production that uses a market-like mechanism inside the firm.
• C) Selling organizations usually don't use incentive systems.
• D) A production line is a good example of how an incentive system works.

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Definitions:

Hedonism

A philosophical belief that pleasure or happiness is the highest good and primary motivation of human action.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Drive

An internal psychological state that motivates an organism to satisfy a need or achieve a goal.

Feedback

Information provided about the result of a process or activity, used as a basis for improvement.