Identify a True Statement About a Learning Organization

question 78

Multiple Choice

Identify a true statement about a learning organization.

• A) It signals that employees are expected to share ideas, solve problems together, and learn from their experience.
• B) It encourages employees to stick to the conventional methods of problem solving.
• C) It enables supervisors to figure out where they fit in the organization and where opportunities for future promotions might lie.
• D) It allows everyone within a company to know exactly who is responsible for what in an organization.

---

Definitions:

Income Effect

Variations in personal or economic income and their influence on the demanded quantity of particular goods or services.

Normal Good

A normal good is a type of good for which demand increases when income increases and decreases when income decreases, assuming all other factors remain constant.

Inferior Good

A type of good for which demand decreases as the income of individuals increases, conversely, its demand increases when consumer income declines.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, contrasting with normal goods.