In Any Group,some Individuals Put in More Effort Than Others

question 105

Multiple Choice

In any group,some individuals put in more effort than others.On occasion,the contribution is markedly less than the average of the rest of the team.The most appropriate term for this is:

• A) limited group cohesiveness.
• B) the free-riding effect.
• C) single-mindedness.
• D) job autonomy.

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Definitions:

Variable Costs

Expenses that vary in relation to the amount of production or business activity.

Fixed Costs

Costs that do not change with the level of output produced, such as rent and salaries.

Break-Even Point

The financial analysis term where total costs and total revenues are equal, resulting in no net loss or gain for the business.

Contribution Margin

Contribution margin is the amount remaining from sales revenue after variable expenses are deducted, showing how much contributes to covering fixed costs and profit.