In an Organization That Uses Cameras to Monitor the Arrivals

question 21

Multiple Choice

In an organization that uses cameras to monitor the arrivals and departures of employees and keystroke programs to monitor their computer use, the leadership would be considered

• A) authoritarian
• B) democratic
• C) laissez faire
• D) consulting

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Definitions:

International Cartel

An agreement between companies, often from different countries, to control prices, limit production, or divide markets for goods or services internationally, thereby reducing competition.

Noncollusive Oligopoly

A market structure where a few companies dominate but do not illegally agree to control prices or market share.

Monopolistically Competitive

A market structure where many firms sell products that are similar but not identical, allowing for competition based on quality, price, and marketing.

Elastic Demand

A market condition where the quantity demanded of a good or service significantly changes in response to a change in price.