The Pattern of Selecting Mostly "Fast-Track" Managers for a Leadership

question 73

Multiple Choice

The pattern of selecting mostly "fast-track" managers for a leadership training program is ________.

• A) being replaced by a series of opportunities available to any manager in the organization
• B) replacing the series of opportunities available to any manager in the organization
• C) being eliminated in favor of programs that occur only once or twice in a manager's career
• D) replacing programs that occur at appropriate points in all managers' careers

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Definitions:

External Costs

Costs of an economic activity that are not borne by the parties directly involved in the transaction but by other individuals or society at large.

Supply Curve

A graph that represents the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale.

Socially Optimal

A condition that maximizes societal welfare, often referring to the optimal distribution of resources and goods.

Government Intervention

Government intervention involves actions taken by a government to affect the economy, which can include regulations, subsidies, and taxes, aiming to correct market failures or achieve social goals.