Examlex
Likert scales are frequently used in psychology to measure intangible phenomena such as motivation. If a five-point Likert scale was used to determine an individual's motivation to perform a specific task, which of following best describes the variable?
Decrease Costs
The process or strategy of reducing the amount of money required for operations, production, or other activities within an organization.
Increase Revenues
The process of enhancing the income generated by a business through either increased sales, improved pricing strategies, or expanding market reach.
Manufacturing Organizations
Companies engaged in the production of goods through the use of labor, machines, tools, and chemical or biological processing or formulation.
Service Organizations
Companies or entities that provide intangible products or services to customers or clients.
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