Which of the Following Best Describes a Situation in Which

question 18

Multiple Choice

Which of the following best describes a situation in which more people are buying a product,more retailers are wanting to stock the product,and sales of the product are increasing?

• A) synergy
• B) virtuous circles
• C) economies of scope
• D) learning curve effects

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Definitions:

Psychological Empowerment

The perception or feeling by employees that they have control over their work and its outcomes and that they are in a position to influence decisions.

Decreased Impact

A reduction in the strength or effectiveness with which something influences events or outcomes.

Psychological Empowerment

The process of gaining confidence, strength, and autonomy to take control over one's life, leading to a sense of self-efficacy and intrinsic motivation.

High Impact

Refers to actions, activities, or initiatives that have a significant and profound effect on their targets or audiences.