One of the Downsides to the Emphasis on Individualism Is

question 120

Multiple Choice

One of the downsides to the emphasis on individualism is that it

• A)is difficult to build teams within an organization to perform collective tasks.
• B)does not support entrepreneurship and innovation.
• C)discourages managerial mobility.
• D)fails to foster general managerial skills required to find solutions to current problems.
• E)discourages competition among employees within a company.

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Definitions:

Trade

The exchange of goods or services between individuals, firms, or countries.

Consumer Surplus

The discrepancy between what consumers are prepared and able to spend on a product or service and the actual amount they end up paying.

Tariff

A tax imposed by a government on goods and services imported from other countries, used to control trade volumes and protect domestic industries.

Trade

The exchange of goods, services, or both between parties, which can occur domestically or internationally.