Which of the Following Are Types of Decision-Making Innovations That

question 120

Multiple Choice

Which of the following are types of decision-making innovations that have been introduced in the factories of the rich industrialized countries since the early 1970s?

• A)team management
• B)quality circles
• C)human relations
• D)codetermination
• E)quality circles and codetermination

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Definitions:

Efficiency Gains

Improvements that increase the quality, speed, or productivity with which organizations can produce goods or services, often resulting in cost savings.

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible.

Net Efficiency

A measure of the effectiveness of an operation, typically calculated as the ratio of useful output to total input, factoring in losses and waste.

Remittances

Money sent by migrants to their home country, often to support family members.