Trust in Authorities Like the Management in a Firm Depends

question 11

Multiple Choice

Trust in authorities like the management in a firm depends on which two factors?

• A) justice and perception of power
• B) competence and legitimacy
• C) ethics and responsibility
• D) commitment and ethics
• E) justice and ethics

---

Definitions:

Output

The amount of goods or services produced by a company, industry, or economic system.

Price Searchers

Price searchers are businesses or sellers who determine the sale price of their products or services based on market conditions, rather than fixed prices.

Price Leaders

Price leaders are companies that dominate their sector and can influence the market price of goods or services by setting a price others follow.

Units Sold

The total quantity of an item or product sold within a particular time period.