The Special-Interest Effect Is One That Yields

question 161

Multiple Choice

The special-interest effect is one that yields

• A) private benefits equal to external benefits.
• B) large external benefits compared to private benefits.
• C) small economic losses to a small number of people and large economic losses to a large number of people.
• D) large economic gains to a small number of people and small economic losses to a large number of people.

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Definitions:

Business Decision Making

The process by which business leaders and managers choose among alternative strategies or actions to achieve organizational goals.

Justice for Janitors

A social movement and union campaign initiated by the Service Employees International Union (SEIU) focused on improving wages, benefits, and working conditions for janitors through collective bargaining.

Social Movement

A collective group action aimed at promoting or resisting change in society, based on shared values and common objectives.

Employee Empowerment

Refers to practices that give employees more autonomy, authority, and influence over their work and decision-making processes within an organization.