The Management Team at Riceborough Farms Recently Invested Thousands of Dollars

question 42

Multiple Choice

The management team at Riceborough Farms recently invested thousands of dollars in setting up wind energy units across its property,believing that this would enable the Farms to become self-sufficient in energy production.However,a year into the project,it was noted that the wind-powered systems did not produce much energy,and the Farms used almost as much conventional energy as before.Which of the following,if true,would reduce the cognitive dissonance felt by the management team at Riceborough?

• A)The windmill systems installed at Riceborough were of the latest technology.
• B)The climate of the area is not suited for the harnessing of wind energy.
• C)The company hired to install the systems had made a mistake during installation.
• D)Most of the employees at Riceborough are dedicated to the concepts of sustainable development and green technology.
• E)The government offers several benefits for companies adopting green technologies such as solar or wind energy systems.

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Definitions:

Inequity

A condition under which fair treatment is not received or given, often leading to disparities among individuals or groups.

Inequality

The state of not being equal, especially in status, rights, and opportunities.

Commons Dilemma

A situation in which individuals' short-term selfish interests are at odds with long-term group benefits and social sustainability.

Prisoner's Dilemma

A situation in game theory where two individuals acting in their own self-interest pursue a course of action that does not result in the ideal outcome for either of them.