What Is a Common Pool Resource

question 47

Multiple Choice

What is a common pool resource?

• A)A good that is nonexcludable but rival in consumption.
• B)A cost or benefit for stakeholders other than the actor undertaking an action.
• C)An effect created by the interaction between two states.
• D)A good that is nonexcludable and nonrival in consumption.
• E)An international agency that monitors compliance with regulations.

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Definitions:

Suggestion System

A formal method where employees can submit ideas or proposals to improve organizational processes or products.

Organization's Telephone Hotline

A dedicated phone line set up by an organization to offer information, support, or emergency services to its members or the public.

Grapevine

An informal network within an organization where information, rumors, and gossip are spread.

Chain of Command

is a system in organizations where authority and responsibility are structured in a hierarchical manner, guiding who reports to whom.