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The Quality of Line/staff Relationships Depends on How Clearly Top-Level

question 73

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The quality of line/staff relationships depends on how clearly top-level managers have defined the scope of activities and authority of the staff.

Understand the fundamental differences between neoclassical economics and behavioral economics.
Recognize the contributions of behavioral economics to policymaking, including the concept of "nudging".
Identify systematic errors in human decision-making according to behavioral economics.
Comprehend how behavioral economics explains reactions to gains and losses differently from neoclassical economics.

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