The Cycle of Increased Market Demand That Leads to _______

question 54

Multiple Choice

The cycle of increased market demand that leads to _______ and then a(n) ______in market price has caused many firms bankruptcy.

• A)underexpansion; increase
• B)overexpansion; increase
• C)overexpansion; decrease
• D)underexpansion; decrease

---

Definitions:

Human Capital

The capabilities, insights, and background held by either an individual or a collective, regarded in relation to their economic or strategic value to a company or a state.

Business Strategy

A plan of action designed to achieve a long-term or overall aim and to secure a competitive position in the market.

Team Learning

The interaction of individual ideas and efforts toward a team objective that results in outcomes that exceed the capabilities of any individual on the team.

Learning Organization

An organization that facilitates the learning of its members and continuously transforms itself to better respond to market and environmental changes.