Which of the Following Criteria Should Be Used to Evaluate

question 254

Multiple Choice

Which of the following criteria should be used to evaluate if government intervention in a market for the purpose of environmental protection is justified?

• A)Does the intervention program reduce pollution to zero using the least costly method?
• B)Is the intervention program economically efficient?
• C)Does the intervention program make the amount of economic surplus as large as possible?
• D)Is the damage to the environment from government intervention as small as possible?

Understanding different types of mimicry organizations use in adopting HR practices.

Know the financial planning required for evaluating HR practices.

Learn the methods of measuring HR activities and their effectiveness.

Differentiate between employee attitudes measured in HRM effectiveness surveys.

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Definitions:

Delivery Gap

The discrepancy between a company's service quality specifications and the actual service delivered to customers.

Zone of Tolerance

The range within which consumers are willing to accept variations in a product or service’s level of quality.

Reservation Policy

A set of rules and guidelines established by a service provider regarding the booking of its services or facilities, often including deposit requirements, cancellation policies, and booking deadlines.

Empowerment

The process of giving individuals or groups the power and resources to make decisions, take actions, and be responsible for their outcomes.