The City of Dustin Is Going to Grant an Exclusive

question 10

Multiple Choice

The city of Dustin is going to grant an exclusive contract to provide cable TV for the next year.The economic profit of the contract is thought to be $5 million.MegaCable and Acme are competing for the contract.The firm that spends the most on lobbying will be awarded the contract.
The reason both firms will continue to escalate spending on lobbying efforts is because

• A)those making the decision demand "gifts".
• B)the CEO's of the two firms are rivals.
• C)spending $1 more than your opponent means winning the contract.
• D)the firms can pass the costs along to consumers.

---

Definitions:

Performance

The act of carrying out a task or the execution of actions, often measured against preset standards to assess efficiency or skill.

Subcultures

Groups within a larger culture that have their own distinct values, norms, and practices.

Countercultures

Subcultures within an organization or society that significantly differ from or oppose the dominant culture's values and norms.

External Adaptation

The process by which an organization adjusts and responds to changes in its external environment.