Why is it important to understand different personalities?
What will be an ideal response?
When we understand different personalities, we can better understand the
behaviors and motivations of others. That way snap judgments that are often inaccurate
won’t be made. This will then lead one to be more open minded and accepting of
people’s differences when leading employees.
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Stella is fifteen. In most states, for contractual purposes, Stella would be considered a minor until she is
a. sixteen. b. eighteen. c. seventeen. d. twenty-one.
Nintendo built a security chip into its game console hardware and then licensed the right to develop games to outside firms. These firms paid a royalty to Nintendo for each copy of the game sold. This is an example of Nintendo using ________ products.
A. unrelated B. substitute C. differentiated D. complement
Socially responsible firms support consumer choice by:
A. involving consumers when accounting for traditional financial indicators, such as earnings. B. using strategies such as planned obsolescence for the organization's growth. C. following laws that prevent anticompetitive behavior such as collusion. D. being involved in competitive practices such as predatory pricing.
When an organization attempts to offer the right products and services to customers at the right time through the offer of individual promotions tied to specific events, like birthdays and anniversaries, this is referred to as:
a. Event-based marketing b. Segmented selling c. Personal holiday marketing d. Extreme segmentation marketing