_____ Exists When Managers See Potential of Enhancing Performance Beyond

question 120

Short Answer

_____ exists when managers see potential of enhancing performance beyond current levels.

---

Definitions:

Demand For Jewelry

The consumers' desire and willingness to purchase jewelry, which can be influenced by factors such as income levels, fashion trends, and cultural practices.

Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a ratio or percentage.

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Buyer

An individual or entity that purchases goods or services for personal use or consumption.