In Most Societies, Who Allocates Resources

question 169

Multiple Choice

In most societies, who allocates resources?

• A) a single central planner
• B) those who own the resources
• C) those firms that use resources to provide goods and services
• D) the combined actions of millions of households and firms

Analyze the effects of different job characteristics on job satisfaction and employee performance.

Understand the role and impact of job enrichment, job enlargement, and job rotation on employee engagement and organizational efficiency.

Recognize the importance of autonomy and empowerment in enhancing employee motivation and performance.

Grasp the basics of Herzberg's Motivator-Hygiene Theory and its application in organizational settings.

---

Definitions:

Confounding Variables

External factors that can influence both the dependent and independent variables, potentially biasing the results of a study.

Independent And Dependent Variables

In experimental research, the independent variable is the factor that is manipulated to see its effect on the dependent variable, which is the outcome being measured.

Ratio Level

A measurement scale that has a true zero point and equal intervals, allowing for the calculation of ratios.

Nominal Level

The simplest level of measurement, which involves categorizing or naming variables without implying any rank or order among them.