When Workers Are Empowered

question 99

Multiple Choice

When workers are empowered:

• A)there tends to be increased confusion over specific responsibilities.
• B)they are more successful on the job.
• C)they initially experience significant anxiety of using their skills.
• D)the company will lose about 20% of its workforce that doesn't want the responsibility.

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Definitions:

Recession

An economic downturn marked by a significant decline in activity across the economy, lasting more than a few months.

Demand Decline

A situation where the desire or willingness of consumers to purchase a particular good or service decreases over time.

Elastic Demand

A situation where the quantity demanded of a product changes significantly when its price changes.

Inelastic Demand

A situation where the demand for a product does not change significantly in response to a change in its price.