Which Is a Private Good Offered by an Interest Group

question 43

Multiple Choice

Which is a private good offered by an interest group to entice individuals to support the group?

• A) selective incentive
• B) public good
• C) latent interest
• D) group interest
• E) individual utility

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Definitions:

Organizations

Entities that are structured and managed to meet a need or pursue collective goals on a continuing basis.

Corporate Restructuring

The process of significantly changing the structure, operations, or financial setup of a corporation to increase its profitability or efficiency.

Managerial Incompetence

A lack of the necessary skills, abilities, or knowledge for effective management and leadership within an organization.

Employee Resistance

Opposition or pushback by employees against changes or policies implemented by management, often due to fear of the unknown or loss of status.