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One Disadvantage of the Functional Structure Is That

question 112

Multiple Choice

One disadvantage of the functional structure is that:

Distinguish between private, social costs, and benefits in the presence of externalities.
Calculate the efficient level of output and price in markets with externalities.
Recognize the difference between negative and positive externalities and their impact on social welfare.
Explain how externalities lead to an inefficient allocation of resources in the absence of government intervention.

Definitions:

Whistle-Blower

An individual who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

Resistance Leadership

A nonmanagerial approach to leadership that views acts of resistance as a form of leadership that can contribute to the well-being of a community or organization.

Pragmatic Follower

Describes an individual or entity that adopts practical approaches, adapting to circumstances rather than adhering strictly to theoretical ideas or prior commitments.

Camp Counselor

A role typically involving supervision, guidance, and the provision of activities for children or teenagers in a camp setting.

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