The Contingency Factors in the Normative Decision Model Are

question 50

Multiple Choice

The contingency factors in the normative decision model are

• A)commitment requirements.
• B)decision-making styles.
• C)characteristics of the leader.
• D)problem attributes.

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Definitions:

Market Wage

The average wage earned by workers in a specific market or industry, determined by the supply and demand for labor in that market.

Market Price

The current price at which an asset or service can be bought or sold in a particular market, determined by supply and demand forces.

Make Money

The process of earning a financial profit or income.

Informed Citizen

An individual who is well-informed about their rights, responsibilities, and current events, enabling them to participate effectively in civic and democratic processes.