The Major Problem with Downward Communication Is Known as Communication

question 42

Short Answer

The major problem with downward communication is known as communication _____.

---

Definitions:

Consumption

The use of goods and services by households, referring to the final purchase of products for direct use or ownership.

Externalities

Costs or benefits that affect parties who did not choose to incur that cost or benefit.

Produced

Refers to goods or services that have been created as a result of a manufacturing or production process.

Coase Theorem

An economic theory proposing that under conditions of no transaction costs, parties can negotiate and arrive at efficient resource allocation and solution to externalities regardless of initial property rights allocation.