A person's self-efficacy is a belief about their extent of power and status within the organization
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: A person's self-efficacy is their belief about their ability to perform a task. Authoritarianism is the extent to which a person believes that power and status differences are acceptable within an organization.
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A segmentation approach to the market is more efficient than a mass marketing approach because:
A) money is spent only on those whom the manager has determined are potential customers. B) it creates entry-barriers. C) customers are homogeneous. D) production costs for standardized products are minimal in comparison to customized products.
The environment in which service is delivered is referred to as the ________
A) service encounter B) servicescape C) commercescape D) operational factor E) locational factor
Approximately 28 percent of all practitioners work in:
A. Government D. Health care and hospitals B. Corporations E. Educational institutions C. Public relations firms
Which of the following statements is correct?
A. Capital budgeting projects with fairly risky cash flows should be evaluated using relatively high discount rates (required rates of return). B. If managers want to maximize the firm's stock value, they should not be concerned with risk when making capital budgeting decisions. C. If a firm evaluates all capital budgeting projects using its existing required rate of return, its overall risk, as measured by its beta coefficient, probably will decline over time. D. If a firm has a beta coefficient that is less than 1.0, its existing required rate of return will be negatively correlated with the returns on most of the capital budgeting projects it evaluates in the future. E. A firm should use a different approach to estimate the riskiness of mutually exclusive projects than it uses to estimate the riskiness of independent projects.