Because Employees May Feel That They Can Do Little to Influence

question 49

Multiple Choice

Because employees may feel that they can do little to influence the organization's overall profitability, ______ programs may have the least motivating impact on employees.

• A) skill-based
• B) informal reward
• C) profit-sharing
• D) flexible benefit

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Definitions:

Profit-Maximizing

The operational method a firm adopts to calculate the pricing and output that bring in the highest profit.

Average Total Costs

The total cost of production divided by the quantity of output produced, illustrating the cost per unit of output.

Total Fixed Costs

The total of all expenses that do not change with the amount of production or output.

Marginal Cost Curve

A curve that shows the cost of producing one more unit of a good or service, typically upward sloping because of increasing marginal costs.