A Monopoly Can Be Formed by a Bandwagon Effect

question 67

Multiple Choice

A monopoly can be formed by a bandwagon effect.Which of the following products would most closely match the bandwagon effect?

• A) the Atlanta Braves baseball club
• B) the Dell Computer
• C) the Apple iPod
• D) the Chevrolet Corvette

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Definitions:

Human Resource

The department within an organization that deals with recruitment, management, and guiding the people who work in it, focusing on policies and systems.

Organisational Development

An area focused on enhancing the understanding and capabilities of people for better organizational change and performance, through research, theory, and practice.

Survey Feedback

A method of gathering information from respondents to derive conclusions and make decisions based on their responses.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.