Which One of the Following Is Most Likely to Be

question 83

Multiple Choice

Which one of the following is most likely to be a natural monopoly?

• A)sandwich shops
• B)printing services
• C)welding services
• D)automotive service
• E)electric utilities

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Definitions:

Virtual Teams

Groups that interact primarily through electronic means, with little, if any, in-person contact.

Globalization

The tendency of firms to extend sales, ownership, and/or manufacturing to new markets abroad.

Dysfunctions of a Team

The obstacles or behaviors that hinder a team's effectiveness and productivity, such as lack of trust, fear of conflict, or avoidance of accountability.

Accountability

The responsibility to report, explain, or justify actions; the acknowledgment and assumption of responsibility for actions and decisions.