Match each number term with the letter definition 1. mixed economy
2. incentive
3. means of production
4. economic system
5. what, how, who
6. traditional economic system
7. market economic system
8. command economic system
ANSWER CHOICES
a. an economic system in which economic decisions are made by the government.
b. an economic system in which people's roles are the same as those of their parents.
c. an economic system with some free enterprise and some government ownership.
d. an expectation that an activity will make a profit.
e. the way a group organizes itself for production.
f. an economic system where decisions result from buyers' and sellers' actions.
g. basic economic questions that all societies must answer.
h. an economy's capital goods, which are used to produce other goods and services.

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.