Managerial Insistence on Retaining the Right to Make Business Decisions

question 58

True/False

Managerial insistence on retaining the right to make business decisions such as location and production technology without interference from employees or unions was formalized in the 1940s.

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.

Moses Abramovitz

An American economist known for his contributions to economic growth theory and for his work on the measurement of economic productivity.

Robert Solow

An American economist known for his work on the theory of economic growth that emphasizes the role of technology and technological innovation.

Triple-E Class

A classification of the largest container ships, standing for Economy of scale, Energy efficiency, and Environmental performance.