A Decrease in Supply Is Caused By

question 46

Multiple Choice

A decrease in supply is caused by:

• A)a decrease in input prices.
• B)an increase in the number of sellers in the market.
• C)suppliers' expectations of higher prices in the future.
• D)an advancement in the technology for producing the good.

Identify and explain the stages of group development according to Bruce Tuckman.

Recognize the importance of team composition and the attributes that define it.

Define and explain the phenomena of groupthink and its impact on team decision-making.

Describe the differences between teams and groups within an organization.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, thereby having an interest in its performance and potential entitlement to dividends.

Employees

Individuals who are hired to perform specific duties in exchange for compensation under the direction and control of an employer.

Ethical

Pertaining to or dealing with morals, principles of morality, or the rules of conduct that govern the behavior of individuals and organizations.

Unethical

Actions or behaviors that do not meet the accepted standards of moral conduct.