Identify the Step That Can Be Taken by an Organization

question 92

Multiple Choice

Identify the step that can be taken by an organization to enhance manufacturing jobs for its employees.

• A) Divide tasks among employees in greater detail.
• B) Carry out time-and-motion studies to identify the best way to perform a job.
• C) Make the tasks repetitive and simple to avoid errors.
• D) Give employees more authority to manage the production process.
• E) Establish a centralized decision-making process.

---

Definitions:

Pareto Optimum

A distribution of resources in which it is not feasible to rearrange in a way that improves one person's situation without detrimentally affecting at least another individual's standing.

Utility Possibilities Frontier

A graph that shows the maximum amount of utility that can be achieved by different individuals or groups from a fixed set of resources.

Production Possibilities

A curve or frontier that illustrates the maximum feasible amounts of two commodities that can be produced with available resources and technology.

Competitive Equilibrium

A state in a market where supply equals demand, and no economic agent has the incentive to change their behavior, leading to an efficient allocation of resources.