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Luke Attended a Course in Which He Was Trained to Apply

question 8

Essay

Luke attended a course in which he was trained to apply the social style matrix in order to help him make better sales presentations.When he got home from the course,he tried to apply the techniques he had learned to determine his own social style.Why might his self-assessment be very misleading?


Definitions:

Voting Structure

The method or system used to carry out the process of voting or making decisions within an organization or a country.

Economic Efficiency

The optimal distribution of resources in a society, minimizing waste and maximizing value.

Government Failure

A situation in which the structure of incentives is such that the political process, including democratic political decision-making, will encourage individuals to undertake actions that conflict with economic efficiency.

Market Failure

A situation in which the structure of incentives is such that markets will encourage individuals to undertake activities that are inconsistent with economic efficiency.

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