We Call Costs That Fall Directly on an Economic Decision

question 16

Multiple Choice

We call costs that fall directly on an economic decision maker:

• A) social costs.
• B) private costs.
• C) external costs.
• D) network costs.

Understand the concept of total quality management (TQM) and its principles.

Know various quantitative approaches for inventory control, cost minimization, and demand forecasting.

Comprehend the importance of matching managerial styles and approaches to specific situations in contingency theories.

Grasp the significance of inputs and outputs in open systems.

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Definitions:

Self Disclosure

The process by which individuals share personal, private information or feelings with others, often used in therapeutic and interpersonal contexts to build trust and intimacy.

Genuineness

The authentic and sincere expression and behavior of a therapist towards their client, considered essential for therapeutic relationships.

Roger's Three Core Conditions

Carl Rogers' foundational requirements for effective counseling: empathy, unconditional positive regard, and congruence.

Counseling Relationship

A therapeutic connection between a counselor and a client designed to facilitate personal growth, self-understanding, and problem solving.