In the Long Run

question 183

Multiple Choice

In the long run,

• A) some resources are fixed.
• B) all resources are variable.
• C) output cannot be varied.
• D) all resources are fixed.
• E) Both answers B and C are correct.

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Definitions:

Organizational Behaviour Modification

involves the application of learning principles to change individuals' behaviors within an organization, enhancing overall performance.

Formal Employee Recognition Program

A structured system designed by organizations to acknowledge and reward employees’ contributions and achievements.

Peer Recognition Programs

Formal programs in which employees can publicly acknowledge, recognize, and reward their co-workers for exceptional work and performance.

Behaviour Modelling Training

A method of training that involves observing and replicating the behaviors of others in order to learn new skills or behaviors.