A Satisfied Workforce Does Not Guarantee Successful Organizational Performance

question 44

Multiple Choice

A satisfied workforce does not guarantee successful organizational performance. In order to improve organizational effectiveness, managers ________.

• A) must formulate strategies to attack and eliminate deviant behaviours
• B) must keep track of absenteeism and turnover among the employees
• C) must make jobs easier and targets achievable
• D) must offer periodic salary increments
• E) must try to improve employee attitudes

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Definitions:

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

Demand Schedule

A table that lists the quantity of a good that consumers are willing to purchase at various prices.

Maximize Profits

The goal of businesses to achieve the highest possible level of profit through revenue maximization and cost minimization.