Managers Can Most Likely Eliminate a Substantial Amount of Employee

question 104

Multiple Choice

Managers can most likely eliminate a substantial amount of employee discipline by:

• A) using headhunters to find new employees.
• B) implementing online orientation programs.
• C) designing challenging jobs for employees.
• D) requiring regular drug and alcohol tests.

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Definitions:

Economies of Scale

Enterprises see cost efficiencies due to their operating scale, with the cost for every unit of output generally declining as the scale enlarges.

Economies of Scale

Describes the cost benefits that companies achieve through their operation size, where the cost for each unit produced typically falls as the scale of operation grows.

Constant Marginal Cost

A situation in which the cost of producing one additional unit of a product remains the same, regardless of the volume produced.