The Most Important Contribution to the Developing Field of Organizational

question 79

True/False

The most important contribution to the developing field of organizational behaviour came from the Hawthorne Studies.

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Definitions:

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors.

Absolute Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Specialize

To focus on a particular area of study, work, or production, becoming an expert or highly skilled in that area.

Import

The act of bringing goods or services into a country from abroad for sale.