Which of the Following Is the Basic Assumption of Hierarchical

question 58

Multiple Choice

Which of the following is the basic assumption of hierarchical control?

• A) People work best when they are fully committed to the organization.
• B) People are capable of self-discipline and can be trusted.
• C) People need to be monitored closely.
• D) People value intrinsic rewards more than extrinsic rewards.
• E) People generally take initiative and seek responsibility.

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Definitions:

Budget Constraint

An economic model that represents all the combinations of goods and services a consumer can purchase given their income and the prices of those goods and services.

Bundle

A collection of goods or services that are sold together.

Marginal Rate of Substitution

The rate at which a consumer is willing to give up some amount of one good in exchange for another good while keeping the same level of utility.

Consumption Doubled

A scenario where the amount of goods or services consumed by an individual or within an economy is increased by 100%.