Explain at Least Two Reasons That Upward Communication Can Get

question 7

Essay

Explain at least two reasons that upward communication can get "distorted" and how this may affect organizations functions.

Understand the effects of removing price floors and ceilings on market conditions.

Grasp the cause and effect of changes in the supply of loanable funds on interest rates.

Identify the outcomes of price controls such as price ceilings and floors on market surplus or shortage.

Describe the impact of government programs like rent control, minimum wage laws, usury laws, and support prices on the market.