Which of the Following Statements Holds True for the Strategies

question 78

Multiple Choice

Which of the following statements holds true for the strategies involved in increasing productivity?

• A)Short-term goals form a major part of these strategies.
• B)Many of these strategies are out of the individual control of the employee.
• C)Productivity can be increased only by improving the efficiency of the production process.
• D)Efficiency can be increased only by gaining high output for low input.

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Definitions:

Federal Income Tax

A tax levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

National Sales Tax

A tax imposed by the government on sales of goods and services, collected at the point of sale and paid by the final consumer.

Efficiency

The degree to which resources are used optimally to produce goods and services, minimizing waste and maximizing output.

Equality

The state of being equal, especially in status, rights, and opportunities, often pursued as an economic and social policy objective.