Identify a true statement about the "Hawthorne Effect."
A. It holds that workers show poor performance when they know that they are being monitored.
B. It maintains that workers' productivity improves when they are singled out.
C. It occurs only when the mechanisms used to monitor employees are unethical.
D. It holds that managers should not monitor their employees in any situations.
Answer: B
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Gain contingencies must be accrued if they are probable and can reasonably be estimated
Indicate whether the statement is true or false
What are two internal reasons that might cause a company to reconsider its marketing-mix strategy?
What will be an ideal response?
Perkey Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$5.00 Direct labor$2.90 Variable manufacturing overhead$1.25 Fixed manufacturing overhead $21,000 Sales commissions$1.00 Variable administrative expense$0.55 Fixed selling and administrative expense $7,500 If 4,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:
A. $31,600 B. $36,600 C. $35,600 D. $53,400
The problem of adverse selection helps to explain
A) why banks prefer to make loans secured by collateral. B) why banks have a comparative advantage in raising funds for American businesses. C) why borrowers are willing to offer collateral to secure their promises to repay loans. D) all of the above. E) only A and B of the above.