If the Leader Must Get Job Assignments Approved by Someone

question 151

Short Answer

If the leader must get job assignments approved by someone else and does not administer rewards and punishment,____________________ is weak.

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Definitions:

Trade

The act of buying, selling, or exchanging goods and services between people, firms, or countries.

Consumption Combination

The mix of goods and services that a consumer chooses to consume at a given time based on their preferences and budget.

Absolute Advantage

The ability of a country or entity to produce a good or service more efficiently than another country or entity.

Comparative Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than competitors.