Which Statement Is True

question 54

Multiple Choice

Which statement is true?

• A)OPEC is responsible for over 80 percent of the world's oil exports.
• B)In early March 2008,when the price of a barrel of oil passed the $100 mark,economists thought OPEC with their market power might increase production to prevent further increases.
• C)OPEC has lowered the price of oil by holding down output.
• D)None of the statements are true.

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Definitions:

Self-Leadership

The practice of intentionally influencing your thinking, behaviors, and actions towards your objectives, embodying both self-management and self-motivation aspects.

Followership

Individuals’ capacity to cooperate with leaders.

Cooperate

To work or act together towards a common goal or benefit, often requiring compromise or teamwork.

Leaders

Individuals who influence and guide others within an organization or team towards achieving specific goals or visions.