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Researchers (Karau & Williams, 1993) reviewed more than 150 studies on social loafing, and found that the tendency to loaf is stronger in men than in women.Why is this true, according to work by Eagly (1987) and Wood (1987) ?
Business Monopoly Power
The ability of a single company to control an entire market, limiting competition and setting prices.
Resource Allocation
The process of assigning available resources in the most efficient manner to meet the objectives of an organization or economy.
Innovation Encouragement
Initiatives or policies designed to foster new ideas, products, or methods, particularly in technology, medicine, or other fields.
Economic Profit
The difference between a firm's total revenues and the sum of its explicit and implicit costs, indicating its overall financial health beyond just accounting profits.
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