Examlex
Consider the following daily production possibilities of apples and bananas in Ireland and Scotland:
Suppose the production of apples requires skilled workers while banana production requires unskilled workers.If Scotland and Ireland choose to trade with each other in order to take advantage of their opportunity costs:
a)Who will sell bananas? Who will sell Apples?
b)Which worker will gain in Scotland? Which worker will be hurt?
Role Expectations
The behaviors and actions anticipated from an individual performing a specific role or position within a social or organizational context.
Groupthink
Groupthink is a psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.
Very Cohesive
Describes a group or organization characterized by a high degree of unity, solidarity, and mutual support among its members.
Cross-Functional Team
A group composed of members from different departments or areas of expertise, collaborating towards a common goal.
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