You Are "Living Off the Grid" Meaning That You Are

question 12

Multiple Choice

You are "living off the grid" meaning that you are not using any public utilities: no water supply, sewer connection, natural gas, or electricity. You do have a septic tank, whose pipe carries sewage underground where it is released over a wide area, the leaching ?eld. There is also a small pond out there that you have stocked with ?sh. However, you notice that the ?sh are ?oating dead in the water, and the pond has a green scum on it. What happened?

• A) Chemical toxins from your septic tank cleaner have killed the ?sh.
• B) There are not enough nutrients in the water, so the ?sh died.
• C) The ?sh died due to a lack of calcium, which then caused the algae to overgrow.
• D) There is oxygen depletion in the pond due to the leakage of phosphates and other compounds from your septic tank.

Recognize the significance of strong organizational cultures and their effects.

Comprehend how industry characteristics affect organizational culture.

Analyze the role of leaders in shaping and conveying organizational culture.

Assess the long-term performance differences between adaptive and nonadaptive firms.

---

Definitions:

Herfindahl Index

A measure used to calculate the concentration of market power within an industry by summing the squares of the market shares held by each competitor.

Market Power

The ability of a firm or group of firms to influence or control the terms and conditions of the market to their advantage, often through controlling supply, manipulating prices, or creating barriers to entry.

Technologically Progressive

A characteristic of firms or economies that consistently adopt and implement new technologies, leading to growth and development.

Herfindahl Index

A measure of market concentration, calculated by summing the squares of the market shares of all participants in the market.