Decision by Minority Rule Is Being Used When a Leader

question 323

True/False

Decision by minority rule is being used when a leader, manager, or committee head makes a decision for the team.

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Definitions:

Step-Variable Cost

A cost that remains fixed for a certain level of production or activity, but jumps to a higher amount once a certain threshold is exceeded.

Helpline

A service providing information and support to people in need, typically available via telephone or the internet.

Volume

Refers to the quantity of an item produced or sold over a specific period of time.

Calls

A financial instrument giving the holder the right, but not the obligation, to buy an asset at a specified price within a specific period.