A Contest Allocates Resources to

question 73

Multiple Choice

A contest allocates resources to

• A)a winner or a group of winners.
• B)an athlete.
• C)a gambler.
• D)the government.
• E)private firms.

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Definitions:

Chip In

To contribute something, often money, towards a common goal or pool of resources.

Diversity in Groups

The inclusion and integration of individuals with varying characteristics, such as race, gender, age, and cultural background, within a group or organization.

Homogenous Groups

Groups composed of members who are similar in terms of characteristics, beliefs, or backgrounds.

Perform Better

To achieve a higher level of efficiency, quality, or outcome in a task or competition compared to previous attempts or compared to others.