Which of the Following Properly Contrasts Market and Government Incentives

question 23

Multiple Choice

Which of the following properly contrasts market and government incentives?

• A)The profit motive encourages efficiency in markets, whereas the ability of people to vote encourages efficiency in the government to the same or greater degree.
• B)Markets are free-wheeling, allowing for unethical conduct.Government rules do not allow unethical conduct.
• C)In markets, the profit motive encourages efficiency.In government, the philanthropic motive encourages efficiency.
• D)In markets, the profit motive encourages firms to produce what consumers want.In government, there is a tendency to seek to satisfy central authority.
• E)In markets, there is a profit motive.In government, there is no motivation.

Describe consensus leadership style and its effects on team commitment.

Explain the significance of trust and collaboration within teams.

Understand the concepts of e-leadership and its requirements for successful implementation.

Acknowledge the role of emotional intelligence in groups and its contribution to team dynamics.

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Definitions:

Self-Schema

Cognitive representations of oneself that organize and guide the processing of self-relevant information.

Cognitive Representation

The mental process of constructing an internal model of the external world, objects, or events based on perception and information processing.

Objective

Unbiased and impartial; not influenced by personal feelings or opinions in considering and representing facts.