A Ration Scheme Using Coupons Could Lead to an Efficient

question 56

Multiple Choice

A ration scheme using coupons could lead to an efficient outcome if _____.

• A)consumers could trade coupons with each other
• B)the government allocates coupons among consumers
• C)the coupons were replaced with money
• D)the number of coupons in circulation was limited

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Definitions:

Effective Managers

Managers who achieve organizational goals efficiently and effectively by planning, organizing, leading, and controlling resources.

Authority

Refers to the power or right to give orders, make decisions, or enforce obedience.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Organizational Behavior

Examining how humans behave within organizations, how they interact with these organizations, and the analysis of the organizations themselves.