Which of the Following Is Not an Example of an Organizational

question 48

Multiple Choice

Which of the following is not an example of an organizational enhancement arising from team environments?

• A) Taller organizational hierarchy
• B) Quicker reaction
• C) Increased innovation
• D) Higher creativity
• E) Improved flexibility

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.

Money Income

The complete sum of financial gains accrued by a person or a family unit, encompassing earnings from employment, benefits, and returns on investments.

Demand Curve

A graph showing the relationship between the price of a product and the quantity of the product demanded at those prices.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, in contrast to a normal good where demand increases with an increase in consumers' income.