As the vice-president of marketing, Aricella gives her employees freedom to make their own decisions and encourages them to express their opinions in meetings. Aricella is a
a. Type A manager.
b. Type X manager.
c. Type Y manager.
d. Type Z manager.
C
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People from the same subculture, social class, and occupation may lead quite different lifestyles. A lifestyle is a person's pattern of living in the world as expressed in activities, interests, and opinions
Lifestyle portrays the "whole person" interacting with his or her environment. Given this information, describe the LOHAS (an acronym) lifestyle described in the text and its usefulness in marketing.
Answer the following statements true (T) or false (F)
1. Measurement-managed companies are those in which senior management agrees on measureable criteria to determine strategic success. 2. One of the reasons that measurement-managed firms succeed is that their organizational cultures tend to minimize risk taking. 3. Informal feedback systems interfere with effective measurement. 4. A formal financial projection is known as a budget.
Explain the terms debit and credit. In your discussion, also present the debit and credit rules that are critical for maintaining T-accounts, as well as the equality of the balance sheet
The risk-based capital requirements for life insurers are based on a formula that considers four types of risk. One risk reflects whether the insurer will have enough surplus if claims are higher than expected. This risk is called
A) asset risk. B) insurance risk. C) interest rate risk. D) business risk.