Which of the Following Is a Capital Good

question 113

Multiple Choice

Which of the following is a capital good?

• A)An oven in a bakery.
• B)A home computer.
• C)The first application of CD ROM technology to an economics textbook.
• D)An investment in IBM stock.

Understand the relationship between pay systems and individual or group productivity.

Analyze the effectiveness of different pay systems (such as piece rate, variable pay, and merit pay) on worker productivity and cooperation.

Recognize the impact of financial incentives and pay-for-performance on employee turnover and performance.

Identify the misconceptions about pay as a motivator among employees and managers.

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Definitions:

Van Gennep

Arnold van Gennep was a French ethnographer and folklorist best known for his work on rites of passage and the structure of rituals.

Durkheim

Emile Durkheim, a founding figure in sociology, known for his work on social solidarity, the sociology of religion, and the study of suicide.

Psychological Tensions

Internal conflicts or stresses that arise from opposing thoughts, beliefs, or emotions.

Rituals

Ceremonial acts or series of acts performed in a prescribed order, often marking significant life events or religious practices.