The major "success indicator" for business managers in command economies like the Soviet Union and China in the past was:
A) The quantity of output
B) Product quality
C) The amount of profits
D) Worker morale

Question

Quizplus · Accepted Answer

In command economies like the Soviet Union and China in the past, the major success indicator for business managers was the quantity of output, which was set by the government as a measure of achievement towards meeting their planned targets. Profit-making was not a priority in these economies, and the quality of the produced goods was often poor due to the emphasis placed on meeting production quotas rather than ensuring quality standards. Additionally, worker morale was not a critical factor in measuring success as it was expected that workers should meet their assigned quotas regardless of working conditions or job satisfaction.

The Major "Success Indicator" for Business Managers in Command Economies