Part of Olson's Law of Large Groups Is the Argument

question 45

Multiple Choice

Part of Olson's law of large groups is the argument that

• A)the larger the potential group,the less likely potential members are to contribute.
• B)the larger the potential group,the more likely potential members are to contribute.
• C)potential group size does not have any measurable effect on the willingness of potential members to contribute.
• D)an actual group and a potential group are virtually the same when it comes to effectiveness.
• E)the smaller the group,the less likely the potential members are to contribute.

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Definitions:

Collective Bargaining

The process by which labor unions and employers negotiate terms and conditions of employment, including wages, benefits, and working conditions.

Associational Unions

Unions characterized by membership based on shared interests or common characteristics, rather than industry or occupation.

Professional Associations

Organizations seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.

Shareholder Model

An approach in corporate governance focusing on maximizing the value for the shareholders, the owners of the company.