Suppose That a Coalition of Employees Will Clearly Lose Out

question 124

Multiple Choice

Suppose that a coalition of employees will clearly lose out from the change and has enough power to scuttle the change effort.Assuming that the change effort can proceed slowly,the preferred strategy for dealing with this resistance to change is:

• A) communication
• B) employee involvement
• C) stress management
• D) negotiation
• E) coercion

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Definitions:

Marginal Productivity

The additional output that is produced by using one more unit of a factor of production, keeping all other factors constant.

Income Distribution

The way in which a nation’s total income is distributed among its population.

Factor Markets

Markets where services of the factors of production (land, labor, capital) are bought and sold.

Maximize Profit

The process or strategy undertaken by businesses to increase their net earnings and achieve the highest possible profit margin.