To Facilitate Successful Meetings, a Committee Leader

question 52

Multiple Choice

To facilitate successful meetings, a committee leader:

• A) will periodically summarize the discussion throughout the meeting.
• B) should distribute the agenda at the beginning of the meeting.
• C) should allow any conflict to "run its course" and let the members settle it on their own.
• D) will allow the members to set the ground rules.

---

Definitions:

Constant Returns to Scale

The situation in which a proportional increase in all inputs leads to an equal proportional increase in output.

Wage Rate

The standard amount of compensation paid to an employee per unit of time worked, typically expressed on an hourly or monthly basis.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and a product that is similar across suppliers, leading to price determination by supply and demand.

Production Function

A mathematical schema that links the inputs utilized in creating goods or services to the outputs produced.