Scarcity Is a Situation in Which

question 345

Multiple Choice

Scarcity is a situation in which

• A) some people are poor and others are rich.
• B) something is being wasted.
• C) we are unable to satisfy all our wants.
• D) long lines form at gas stations.

---

Definitions:

Authority Compliance

A leadership style characterized by a high focus on task completion and a low focus on people, often resulting in a highly structured and efficient work environment but potentially at the expense of employee satisfaction.

Department Director

A management position responsible for overseeing a specific department within an organization, ensuring its effective operation and alignment with the organization's goals.

Weekly Meeting

A scheduled gathering that occurs once a week, often used by teams or organizations to review progress, set goals, and facilitate communication.

Opportunistic Leadership

A style of leadership where the leader takes advantage of opportunities as they arise, often dynamically adapting strategies to benefit from situational changes.