Which of the Following Makes a Cartel Short-Lived

question 195

Multiple Choice

Which of the following makes a cartel short-lived?

• A) stable market demand
• B) few firms in the cartel
• C) cheating
• D) contracting

Define key psychological constructs such as ego, superego, and id.

Appreciate the significance of social and cultural factors in personality development.

Understand the contributions of humanistic psychology to understanding self and personality.

Apply the concept of observational learning to personality development.

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Definitions:

Contingency Theories

are theories that suggest the effectiveness of leadership depends on the context or environment, with no single best way to lead in all situations.

Leadership Style

The characteristic approach and manner in which a leader directs, motivates, and manages their team or organization.

LPC Score

A measure in the Fiedler contingency model that evaluates a leader's least preferred coworker to determine their leadership style as either task-oriented or relationship-oriented.

Task Structure

The way in which a job or task is organized, designed, and structured, including clarity, complexity, and the specified way to complete the task.