Question

There are several perspectives of competition. One perspective is zero-sum thinking. Zero-sum thinking means that:

a. all parts of the organization gain at no loss
b. in order for someone to gain others must experience no gain or benefit
c. one can only gain at the expense of someone else
d. everyone in the organization shares gains and losses equally

Answer 1

Zero-sum thinking refers to a scenario where a gain for one party necessitates an equivalent loss for another, demonstrating the finite nature of resources in certain competitive situations.

Step-by-step explanation:

Zero-sum thinking means that one can only gain at the expense of someone else. This concept exemplifies a situation where resources are finite and a gain for one party necessarily results in a loss for another, as in a zero-sum game. Real-world examples include competing states seeking control over limited resources or businesses aiming for market dominance in monopoly or oligopoly scenarios. In contrast, non-zero-sum scenarios, such as those in perfect competition, entail the possibility of all parties benefiting without directly causing loss to others.