Which of the Following Sayings Best Reflects the Concept of Opportunity

question 162

Multiple Choice

Which of the following sayings best reflects the concept of opportunity cost?

• A) "You can't teach an old dog new tricks."
• B) "Time is money."
• C) "I have a baker's dozen."
• D) "There's no business like show business."

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Definitions:

Functional Chimneys

Another term for "Silos" in organizational context, highlighting departments or units that operate in isolation, without effective interaction across the organization.

Distributed Team

A group of individuals who work together from different geographical locations, leveraging technology to communicate and collaborate.

Virtual Team

A group of individuals who work together from various geographic locations and rely on communication technology to collaborate.

Team Building

The action or process of encouraging members of a group to increase their cooperation, communication, and collaboration to enhance team performance.