Leaders who are high on ____________ are better able to guide their followers through challenging tasks because they can recognize perceptual patterns and coordinate group activities.
a. self-monitoring
b. empathy
c. consideration
d. social skills
b. empathy
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The single most important demographic trend in the United States that marketers should understand is the changing family structure of the population
Indicate whether the statement is true or false
How might Starbucks ensure that it behaves in a socially responsible way toward members of its supply chain?
A. It can pay its employees minimum wage as required by law. B. It can purchase coffee beans from suppliers who pay coffee growers a fair price. C. It can use cups made from recycled paper. D. Social responsibility isn't relevant where channel partners are concerned; it has to do with serving society as a whole. E. It can offer healthy drinks and snacks in its stores.
Customers arrive at a grocery store following a Poisson distribution at an average rate of 70 per hour. On average, how many customers arrive per minute?
A) 1.2 customers per minute B) 7 customers per minute C) 0.86 customers per minute D) 0.02 customers per minute E) 0.7 customers per minute
Explain how the notion of scarcity is related to personal as well as business decision making.
What will be an ideal response?