Contests Do a Good Job in Resource Allocation

question 101

Multiple Choice

Contests do a good job in resource allocation

• A)under any circumstances.
• B)when the efforts of the players are easy to monitor and reward directly.
• C)when the efforts of the players are hard to monitor and reward directly.
• D)when the first-come,first-served allocation method has failed.
• E)only under a command system.

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Definitions:

Interpersonal Skills

Abilities that facilitate effective communication and interaction with others.

Compromising Style

An approach to conflict resolution where parties involved find a mutually acceptable solution that partially satisfies everyone.

Conflicting Goals

Describes a situation in which two or more parties have objectives that are at odds with each other, potentially leading to disagreements or conflict.

Accommodating Style

A conflict resolution approach where one party shows a willingness to meet the needs of the other party, sometimes at their own expense.