Creating Slack Resources Means That

question 104

Multiple Choice

Creating slack resources means that

• A)a manager limits the availability of resources to units that have been less productive.
• B)nonperforming employees are assigned to easier tasks.
• C)more resources are made available to each unit in case they need them in a pinch.
• D)each unit within a company is differentiated by functional specialty.
• E)time, money, and other resources are tightly budgeted.

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Definitions:

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theories on free market economics presented in "The Wealth of Nations."

Individuals

Single human beings considered separate from a group or society.

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services in an economy.

Tariffs

Taxes imposed on imported goods and services, which are typically used by governments to protect domestic industries, raise revenue, or exert political leverage.