Which Pattern of Traits (From Strongest to Weakest)is Best for Managers

question 12

Multiple Choice

Which pattern of traits (from strongest to weakest) is best for managers in organizations?

• A)power, affiliation, achievement
• B)achievement, power, affiliation
• C)power, achievement, affiliation
• D)achievement, affiliation, power

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, representing a measure of producer welfare.

Market Price

The ongoing price point for transactions involving assets or services in the open market.

Costs Of Production

Expenses incurred during the process of creating a product or service, including raw materials, labor, and overhead costs.

Firm

A business organization, such as a corporation or partnership, which sells goods or services in exchange for money.