Suppose Your Community Is Considering Using Public Money to Build

question 6

Multiple Choice

Suppose your community is considering using public money to build a new sports stadium for a new team that will only come to the community if it is built for them. Suppose you are watching a news broadcast in which the supporters are saying that it will enhance economic activity because of the increase in restaurant activity that will occur around the new stadium. Now suppose you hear that an independent economist is going to appear during the next segment. It is likely she will say

• A)the economic activity created in the area will make it worth the investment.
• B)there will be no new economic activity created.
• C)there will be no new economic activity created in net because the same amount of money will be spent in the city whether or not there is a team. It will simply substitute from the game to something else.
• D)it may be a short-term cost, but in the long term it will be worthwhile.

Identify the classification of income received from partnerships and passive activity rules.

Understand the differentiation between internal and external environmental influences on leadership.

Comprehend the characteristics and false premises of the skills approach to leadership.

Identify the competencies and outcomes as outlined in the skills model.

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Definitions:

Cooperative Teamwork Skills

Abilities that facilitate effective collaboration and partnership among team members towards a common goal.

Interpersonal Relationships

Involves the social connections and interactions between two or more people, which can affect teamwork and collaboration in various settings.

Performance Measures

Criteria or standards used to evaluate the effectiveness, efficiency, and quality of an individual's or organization's work.

Operating Guidelines

A set of rules or procedures designed to guide the operation and management of an organization, system, or process.