When economists are trying to explain the world, they are scientists, and when they are trying to help improve the world, they are policy advisers.

What type of learning occurs when managers and employees examine the assumptions they used to arrive at a point of view?

A) organizational learning
B) double-loop learning
C) single-loop learning
D) open-system learning

The differential piece rate system refers to

A) an incentive pay plan in which the employer pays the rate per piece based on the difference in performance of employees.
B) a system that gives employees a bonus if the ratio of labor costs to the sales value of production is below a set standard.
C) an incentive pay in which the piece rate is higher when a greater amount is produced.
D) a system of linking pay increases to ratings on performance appraisals.
E) an incentive pay plan where employees are paid different wages based on the skills they possess.

Which of the following occurs when a person reaches the age of majority and states, either orally or in writing, that he or she intends to be bound by the contract entered into as a minor?

A) Implied ratification
B) Express ratification
C) Express novation
D) Implied novation
E) Express ratification if the statement is in writing but nothing if the statement is only oral

By identifying and eliminating the causes of uncertainty and risk in the supply chain,the supply manager may be able to reduce the needed inventories and therefore buy a lower quantity.

The critical ratio sequencing rule prioritizes the jobs based on the importance or value of the customers who have placed the orders.

Most formal job redesign efforts have involved enriching

A) managerial jobs.
B) executive jobs.
C) operative-level jobs.
D) boundary role positions.
E) all types of jobs.