Sandra Holds a Top-Level Post in Her Organization and Is

question 61

Multiple Choice

Sandra holds a top-level post in her organization and is a part of the top management at Silica Inc.A key policy governing the manufacturing processes was recently changed,and Sandra needs to analyze the effects of the change on the various departments of the company and predict the effect on the output.This process involves using her ________ skills.

• A)technical
• B)moral
• C)conceptual
• D)human
• E)interpersonal

---

Definitions:

Government Regulation

Government regulation encompasses the laws and rules set forth by the government intended to control or manage certain practices, activities, or behaviors within an economy or society.

Entry Barriers

These are obstacles that prevent or hinder new competitors from easily entering an industry or area of business.

Government Failure

Situations where government interventions in the economy cause more inefficiency and problems than they solve.

Competitive Markets

Markets in which there are many buyers and sellers so that each has a negligible impact on the market price.