The Effect of Introducing Self-Managed Teams Is Often an Increase

question 46

True/False

The effect of introducing self-managed teams is often an increase in efficiency of 30 percent or more.

---

Definitions:

Constant Returns To Scale

A condition where increasing all inputs by any proportion results in output increasing by that same proportion, indicating that size does not affect productivity.

Long-Run Average Total Cost

The cost per unit of output incurred when all factors of production are variable, and scale of production can be changed.

Output

The amount of products or services produced by a company, industry, or economic system.

Total Fixed Cost

The sum of all costs that do not change with output level, including rent, salaries, and insurance.