Which of the Following Statements Provides an Incorrect Description of Learning

question 44

Multiple Choice

Which of the following statements provides an incorrect description of learning organisations?

• A) Learning organisations should emphasise values that focus on information, teamwork, empowerment, participation and leadership.
• B) Learning organisations refer to vendors that provide training programs for other organisations.
• C) Learning organisations are important keys to personal and organisational performance.
• D) Learning organisations depend on special leadership qualities that emphasise motivation and rewards, communication, conflict and negotiation, teamwork, and change.
• E) Learning organisations require a value-driven culture.

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Definitions:

Zero Economic Profit

A situation where a firm's total revenue equals its total costs, including both explicit and implicit costs, indicating no supernormal profit.

Marginal Revenue

The additional income gained from selling one more unit of a good or service.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service, a crucial concept for decision making in production and pricing strategies.

Economic Profit

The difference between total revenue and total cost, including both explicit and implicit costs, representing the additional benefit over the next best alternative.