An advantage of capitalism is that
a. It allows the market to self-regulate and clear itself
b. It allows a person to follow his or her own self interest
c. It allows voluntary transactions, which create wealth
d. All of the above
d
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As a result of moving more decision making from the periphery of the organization toward the center, typically
a. the flow of relevant information to the decision maker can be weakened b. the flow of relevant information from the decision should be enhanced c. the incentive structure for the decision maker should be strengthened d. incentive compensation at the periphery can be weakened
Work disincentives in the system of Social Security have seen the number of persons in the program increase dramatically. What incentives could be put in place to reverse, or at least slow, this trend?
What will be an ideal response?