Devon Was Recently Told by Senior Management That They Expected

question 30

Multiple Choice

Devon was recently told by senior management that they expected him to exercise more authority and leadership with his work group.Just two days prior to that,his team told him that while they appreciated the initiative he demonstrated,they expected him to be less authoritative and more democratic in the future.The term that best describes what Devon is experiencing is

• A) role carve-out.
• B) role distance.
• C) role conflict.
• D) role underload.
• E) role autonomy.

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Definitions:

Marginal Revenue Product

This is the additional revenue generated from employing one more unit of a factor of production, such as labor.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Average Revenue Product

The increase in total revenue resulting from employing one more unit of a resource, holding all other factors constant.

Substitution Effect

The alteration in the consumption of goods as a result of changes in their relative prices, leading consumers to substitute more expensive items with cheaper alternatives.