Which of the Following Is a Possible Downside of Emphasizing

question 56

Multiple Choice

Which of the following is a possible downside of emphasizing the primacy of group identification over individualism?

• A)It encourages managerial mobility between companies.
• B)It leads to a lack of dynamism and entrepreneurship.
• C)It hampers team building and cooperation.
• D)It raises the costs of doing business due to its adverse impact on managerial stability.
• E)It leads to the lack of company-specific skills and a network of contacts among managers.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Contribution Margin

The difference between sales revenue and variable costs, indicating the contribution of sales to fixed costs and profits.

Sales Increase

A rise in the volume or amount of products or services sold by a business.

Break-Even Sales

The amount of revenue needed to cover both fixed and variable expenses, resulting in a net income of zero.