Organizations That Foster Team Building Both on and Off the Job

question 83

Multiple Choice

Organizations that foster team building both on and off the job attempt to reduce dissatisfaction through _____.

• A)behavior modification
• B)a supportive environment
• C)progressive discipline measures
• D)third party negotiations
• E)alternative dispute resolution

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Definitions:

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, such as labor.

Productivity

Productivity measures the efficiency of production in terms of the amount of goods and services produced from a given amount of inputs, such as labor and capital, within a specific period.

Derived Demand

Derived demand refers to the demand for a good or service that originates from the demand for another good or service.

Final Demand

The demand for finished goods and services by consumers, businesses, and government, excluding intermediate goods.