When Resources Are Constrained, Managers Should Emphasise Products and Services

question 119

True/False

When resources are constrained, managers should emphasise products and services that maximise the contribution margin per unit of constrained resource.

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Definitions:

Cognitive Ability

Refers to the capacity to perform various mental activities involved in learning, reasoning, problem-solving, and understanding complex ideas.

Intrinsic Motivation

The drive to perform activities for their inherent satisfaction rather than for some separable consequence.

Extrinsic Motivation

Refers to motivation driven by external rewards such as money, grades, or recognition rather than the internal satisfaction of performing the task itself.

Salovey and Mayer's Model

A model that defines emotional intelligence as a set of skills including the ability to perceive, understand, manage, and use emotions effectively.