What Does Chester Barnard Mean When He Uses the Term

question 2

Multiple Choice

What does Chester Barnard mean when he uses the term zone of indifference?

• A)The set of issues over which the powerful individual with formal authority usually prevails
• B)The set of issues over which the powerful individual with reputation usually prevails
• C)The set of issues over which the powerful individual with knowledge usually prevails
• D)The set of issues over which the powerful individual with influence usually prevails
• E)The set of issues over which the powerful individual with image usually prevails

---

Definitions:

Economic Values

The worth of goods or services as determined by the market or the intrinsic importance or utility they offer to individuals.

Compounded Monthly

Interest on a loan or investment calculated monthly and added to the principal sum for the calculation of subsequent interest.

Compounded Annually

Interest calculation and accumulation once per year on the principal amount of an investment or loan.

Compounded Quarterly

Interest calculated four times a year, applying on the original principal and including interest accumulated in previous periods.