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Q: What is A condition that occurs when a decision making group loses sight of its original goal and a new less important goal emerges is called?
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Continue Learning about Economics

What is Scarcity and Choice?

scarcity is a situation when demand for a good exceeds its supply even at a zero price and choice is a consequence of scarcity. choice emerges when limited resources are to be used for satisfaction of unlimited wants.


Why is a strong economy important to your country?

Without a strong economy we cannot have a strong military, w/o a strong economy we have a diminished sphere of influence in the rest of the world. Furthermore, a strong economy enhances your way of life. Jobs are created, new technology emerges, your standard of living increases among other things. A strong economy also helps to boost our economic partners by building up their economy. This is a win-win for everyone because a stronger global economy pushes humanity forward with great success, enabling a better future for all.


How could a society without money work?

Societies without money function mainly on a bartering (trading) system. As in, I'll trade you ten bushels of corn for a goat, etc. History shows us that may work INTERNALLY for a long time, but cannot work well between societies. An agreed on money always emerges.


What is the work of sadc?

The work of Sadc is to try by all means possible to promote sustainable and equitable economic growth and socio-economic development through efficient productive systems, deeper co-operation and integration, good governance, and durable peace and security, so that the region emerges as a competitive and effective player in international relations and the world economy.


Who sets world oil prices?

Oil prices are not set by anyone in particular. Oil is traded on a wholesale market in big batches. People who wish to buy oil place bids on oil and are basically competing against one another by outbidding each other. Sellers try to beat their competition by selling for less. From that process, the world price emerges, and it changes every minute.

Related questions

Is germination important to plants?

Yes it is important because that is the time the plant emerges from a seed and begins to grow.


Do birds intentionally poop on someone or something's feet so wherever they or it walks the ground gets fertilized?

When the digestive process is completed, the guano emerges. No decision is involved.


When does politics emerge according to many political scientists?

Politics often emerges when individuals or groups have competing interests or goals that need to be addressed through decision-making and governance. Many political scientists believe that politics emerges as a way to manage conflicts and allocate resources within a society.


Self awareness emerges at what age?

It emerges between 15 and 24 months.


What are the first and last colors on the visible spectrum?

violet emerges first and red emerges last...


What emerges from a butterfly egg?

caterillar


Why do you think the root emerges from the seed?

yes


This parasympathetic nerve emerges from the pons?

facial nerve


The aortic arch arches to what as it emerges from the heart?

left


When mama emerges from underground is it called lava?

yes


When an entire river emerges from the ground it is called a?

spring


What is the germinator?

Germination is a process by which a plant or a fungus emerges from a seedling.