In a Busy Rehabilitation Unit, the Team Manager Decided That

question 10

Multiple Choice

In a busy rehabilitation unit, the team manager decided that the best way to reward the staff was to give them a monetary bonus rather than time off.The staff was very concerned about the decision and went to the administration with a number of complaints.Critical thinking is a process that entails a number of steps.What steps did the manager omit? She should have: (Select all that apply.)

• A)identified what assumptions were underpinning the issues.
• B)considered why it was important to make this change or the context for the change.
• C)considered how this change might affect staff relationships.
• D)attained a majority consensus of all staff.

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Definitions:

Marginal Revenue Curve

A graph that shows how marginal revenue varies as the quantity of output changes, typically downward sloping for firms in competitive markets.

Perfect Competitor

A market structure in which numerous small firms compete against each other with identical products, no single firm can influence the market price; all firms are price takers.

Marginal Revenue

Extra income gained by disposing of one additional unit of a good or service.

Marginal Cost

The expense associated with manufacturing an extra single unit of a product or service.