The Highest Level of Agreement Among Respondents to a Study

question 93

Multiple Choice

The highest level of agreement among respondents to a study of successful MBO programs was on the fact that:

• A) goals and objectives should be specific.
• B) objectives should be assigned a priority.
• C) objectives should include a plan of action.
• D) pay incentives should be attached to goals.

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Definitions:

Income

Earnings received by an individual or entity, usually in the form of wages, salaries, or investments.

Interest Rate

The percentage of a loan charged to the borrower as interest, usually shown as an annual rate of the outstanding loan amount.

Utility Function

A mathematical representation in economics of a consumer's preference ordering over a set of goods and services.

Consumption

The process by which goods and services are used up or consumed by individuals or groups.