Which of the Following Views Is Consistent with Normative U

question 9

Multiple Choice

Which of the following views is consistent with normative U.S. cultural concepts?

• A) Decision making should always be on an experimental basis.
• B) Rewards must be based on recommendations and personal ties.
• C) Strength and power of those in command takes precedence over improvement.
• D) Independent enterprise is an instrument for social action.
• E) Competition leads to reduction in business efficiency.

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Definitions:

Utility

The usefulness or value that a product, service, or action provides to individuals or organizations.

Indirect Costs

Expenses not directly tied to the production of goods or services, such as administrative overheads.

Developmental Costs

The expenses associated with the creation and implementation of projects, programs, or products, including research, design, and training programs.

Overhead Costs

Expenses that are not directly tied to production or operations, such as rent, utilities, and management salaries, necessary for running a business.