Firms

question 16

Multiple Choice

Firms

• A)have no influence on the circular flow in a market economy.
• B)purchase resources in the product market.
• C)sell goods in the product market.
• D)sell resources in the factor market.

Grasp the significance of leadership in environments requiring high levels of creativity and innovation.

Understand the process and benefits of implementing employee empowerment strategies.

Learn the role and impact of knowledge workers in the contemporary workplace.

Identify various approaches to employee involvement and their effects on empowerment.