Which of the Following Is True in the Context of Regulating

question 83

Multiple Choice

Which of the following is true in the context of regulating departmental work flow?

• A) If the work flow must remain even, a supervisor must hire temporary employees during peak periods.
• B) When a definite plan is charted out, it hampers the flexibility of the employees and makes it difficult to regulate departmental work flow.
• C) A supervisor should ideally avoid working closely with his or her manager and peers in order to effectively regulate departmental work flow.
• D) The formation of teams of employees to examine and solve work-flow problems helps in effectively regulating departmental work flow.

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Definitions:

Demand-Pull Inflation

Inflation caused primarily by an increase in aggregate demand: too many dollars chasing too few goods.

Wage-Price Spiral

A situation where rising wages lead to higher prices, which in turn lead to demands for even higher wages, creating a cycle of inflation.

Joseph Schumpeter

An economist known for his theories on economic development and creative destruction.

Theory of Innovations

A conceptual framework that explains how new ideas, products, and practices spread within a society or from one society to another, often driving economic growth and social change.