Successful firms depend on:
A)individual self interest.
B)disinterested cooperation.
C)teamwork or specialization.
D)managerial diligence.

Question

Quizplus · Accepted Answer

Successful firms are able to efficiently and effectively utilize the skills and knowledge of their employees through teamwork or specialization. Each person has specific strengths and expertise, and by working together as a team, they can accomplish more than they would individually. Disinterested cooperation and managerial diligence are also important factors, but teamwork or specialization is the best choice as it is essential to achieving the goals of the organization. Individual self-interest may not always align with the goals of the firm, and can lead to conflict and inefficiency.

Successful Firms Depend On