The Four-Part Program Offered to Small Businesses Includes All of the Following

question 61

Multiple Choice

The four-part program offered to small businesses includes all of the following EXCEPT:

• A) management commitment and employee involvement.
• B) development of an emergency plan for traveling executives.
• C) worksite analysis.
• D) hazard prevention and control.
• E) training for employees.

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Definitions:

Inelastic

A characteristic of goods whose demand does not change significantly when the price of the good changes.

Prices

The amount of money required to purchase goods or services, often determined by factors such as supply and demand.

Maximizing Utility

The process by which individuals allocate their resources to obtain the highest possible satisfaction from their consumption.

Marginal Utility

The change in satisfaction or usefulness obtained by consuming one additional unit of a good or service.