Sam Is the Production Manager of a Busy Shoe Factory

question 29

Multiple Choice

Sam is the production manager of a busy shoe factory.He was chosen because prior to his promotion he had proven himself to be very efficient,and as a department manager he had a logical and practical approach to solving problems.Sam has a reputation for being decisive and getting things done.Most of the employees like Sam,but they feel his style is autocratic,as he likes to do things by the book.Sam represents a person with a(n) ______ style.

• A)directive
• B)conceptual
• C)ambiguous
• D)behavioral
• E)analytical

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Definitions:

Rivalry

The competitive relationship between firms in the market, striving to gain advantage over each other in terms of sales, market share, or innovation.

Nonexcludable

A characteristic of a good or service whereby it is not possible to prevent people who have not paid for it from having access to it.

Free-rider Problem

A situation in which individuals benefit from resources, goods, or services without paying for them, leading to underprovision of those goods or services.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning that anyone can consume them without diminishing their availability to others, such as public parks and clean air.