Which of the Following Is Most Likely to Result in a Successful

question 109

Multiple Choice

Which of the following is most likely to result in a successful telecommuting situation?

• A) The telecommuters have to check in frequently throughout the day to let their managers know exactly what they are working on and how it is going.
• B) The managers who are trained in formalized telecommuting procedures make random calls to the telecommuters at home to ensure all is going well and work is getting done.
• C) The telecommuters are expected to attend regular on-site meetings and are trained in technical aspects of telecommuting.
• D) Telecommuting is only allowed when the work at hand does not involve interaction of any kind.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market stability.

Shortage

A shortage occurs when the demand for a product exceeds its supply at a particular price, leading to a scarcity of the product.

Price Floor

A government-imposed limit below which prices cannot fall, often used in agricultural markets.

Equilibrium Price

The price at which the quantity of goods demanded equals the quantity of goods supplied, leading to market stability.