Efficiency Means That

question 48

Multiple Choice

Efficiency means that

• A)society is conserving resources in order to save them for the future.
• B)society's goods and services are distributed equally among society's members.
• C)society's goods and services are distributed fairly,though not necessarily equally,among society's members.
• D)society is getting the maximum benefits from its scarce resources.

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Definitions:

Engineering Graduate

An individual who has completed a degree program in engineering, equipping them with technical and analytical skills for problem-solving in various sectors.

Contract Worker

An individual employed on a non-permanent basis to complete specific tasks or projects, typically operating under a formal agreement.

High-performance Work Systems

Organizational approaches combining processes, technology, and people to significantly improve business results and employee satisfaction.

Employee Empowerment

A managerial practice of giving employees the authority, resources, and skills needed to make decisions and take actions in their workload and processes.