Which of the Following Is Likely If an Economy Is

question 96

Multiple Choice

Which of the following is likely if an economy is in a recession or headed for one?

• A) An increase in consumer confidence
• B) An increase in the rate of inflation
• C) An increase in unemployment
• D) An increase in the rate of output

Identify the constitutive elements and types of teams within organizations.

Recognize the critical importance of managing conflict and decision-making in teams.

Comprehend the roles of effective teams in innovation, problem solving, and efficiency.

Distinguish between the types of teams and their specific functions.

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Definitions:

Formal Leadership

Leadership established through an organizational hierarchy or officially sanctioned role.

Coercive Power

A form of power based on the ability to deliver punishments or impose penalties.

Legitimate Power

The authority that a person or position holds within an organization, which is accepted and recognized by others as right and proper.

Organizational Position

The rank or status of an individual within a company's hierarchy, defining their roles, responsibilities, and authority.