Technical and Organizational Change

question 65

Multiple Choice

Technical and organizational change

• A) typically reduces prices by increasing the supply of the product, ceteris paribus.
• B) typically reduces prices by decreasing the demand for the product, ceteris paribus.
• C) typically increases prices by increasing the demand for the product, ceteris paribus.
• D) typically increases prices by decreasing the supply for the product, ceteris paribus.

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Definitions:

Government Relations

The practice of managing the relationship between an organization and government bodies, often to influence public policy or acquire favorable legislation.

Indirect Communications

Communication that happens through non-direct pathways, often relying on implication or suggestion rather than direct statements.

Public Pressure

The influence exerted by the general public or specific groups to impact decisions, actions, or policies of individuals, corporations, or governments.

Public Affairs Professional

A specialist who manages an organization's interactions and communications with governmental bodies, the media, and the public.