There Are Several Perspectives of Competition

question 83

Multiple Choice

There are several perspectives of competition.One perspective is zero-sum thinking.Zero-sum thinking means that

• A) all parts of the organization gain at no loss.
• B) in order for someone to gain others must experience no gain or benefit.
• C) one can only gain at the expense of someone else.
• D) everyone in the organization shares gains and losses equally.

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Definitions:

Broad-Mindedness

The quality of being open to different ideas, arguments, and cultures, showing willingness to consider diverse perspectives.

Family Security

The feeling of safety, stability, and well-being among family members, often achieved through emotional support, financial stability, and a supportive home environment.

Mailbox Rule

A legal doctrine asserting that acceptance of an offer becomes effective, and thus establishes a contract, when the acceptor places the communication of acceptance in the postal system.

Acceptance

In contract law, the unqualified consent to the terms of an offer, thereby creating a binding contract.