In Goal Displacement, a Decision-Making Group

question 123

Multiple Choice

In goal displacement, a decision-making group

• A)loses sight of its original goal and a new, less important goal emerges.
• B)becomes so eager to avoid conflict that it adopts a goal or decision too quickly.
• C)generates as many goals as it can but does not allow criticism of people or ideas.
• D)disagrees on goals, or the members compete with one another for resources.
• E)is unsure about goals and is in disagreement about what to do.

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Definitions:

Fixed Cost

Fixed cost refers to a cost that does not change with the level of goods or services produced by a business over a certain period.

Production

The creation or manufacture of goods and services with the combination of labor, equipment, technologies, and raw materials.

Diminishing Returns

A principle stating that if one factor of production is increased while others are held constant, the output per unit of the variable factor will eventually decrease.

ATC

An abbreviation for Average Total Cost, a financial metric calculated by dividing the total cost by the quantity of output produced.