In the 1970s,the Largest Steelmakers Were Slow or Failed to Adopt

question 40

Multiple Choice

In the 1970s,the largest steelmakers were slow or failed to adopt quickly the latest technology: oxygen furnaces.Some researchers blame

• A) the federal government for its enterprise-crippling policies, subsidies and ?import restrictions.
• B) unions for their low productivity efforts and high wage demands.
• C) management for not keeping abreast of global changes in the marketplace.
• D) all of the above.

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Definitions:

Communication Openness

The degree to which communication in an organization is freely and effectively exchanged across different levels, encouraging transparency and collaboration.

Interpersonal Communication

The exchange of information, feelings, and meanings between two or more people through verbal and non-verbal methods.

Merit Raise

A salary increase awarded to an employee based on their job performance, recognizing the individual's contributions and achievements.

Cost of Living Adjustment

A change in salaries or benefits to match changes in the consumer price index, ensuring purchasing power is maintained despite inflation.