The major "success indicator" for business managers in command economies like the Soviet Union and China in the past was
A) the quantity or volume of production.
B) product quality and variety.
C) the amount of proﬁts a producer makes.
D) morale of workers in a ﬁrm.

Question

Quizplus · Accepted Answer

In command economies, the government sets production targets for firms, and the major success indicator for business managers is meeting these targets by achieving a high quantity or volume of production. Product quality and variety, as well as profits, are secondary concerns in these economies. Morale of workers may be important for socialist ideals, but it is not typically used as a success indicator for business managers.

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