In a Command Economy, Enterprises Have Little Incentive to Control

question 100

True/False

In a command economy, enterprises have little incentive to control costs and be efficient, because they cannot go out of business.

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Definitions:

Cronbach's Alpha

A measure of internal consistency or reliability of a psychometric instrument, indicating how well the items in a test measure the same underlying concept.

Internal Consistency

A measure of the correlation between multiple items in a test that assess the same construct.

Pre-Tests

Assessments given before a treatment or intervention to establish baseline levels against which changes can be measured.

Post-Tests

Assessments conducted after an intervention, program, or period of instruction to measure its efficacy or the learning outcomes.