According to the Path-Goal-Theory of leadership the style of leadership that seeks and encourages input and involvement of staff in decision making and other work related issues is known as ________ style?
a. Achievement oriented
b. Directive
c. Participative
d. Supportive
c. Participative
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The first step in developing a positioning strategy is to ________
A) set the marketing communications budget B) identify segmentation variables C) analyze the competitors' positions in the marketplace D) describe a product with a competitive advantage E) create target markets
A firm's __________ specifies the work to be done and how to do it given the firm's strategy or strategies.
A. structure B. controls C. culture D. strategy
Favorable and unfavorable variances are netted together in the same way debits and credits are
Indicate whether the statement is true or false
A local computer store is running a sale on the first 99 flat panel monitors sold. There is an equally likely chance of 0-99 units being sold. Each monitor cost $250, and profit is $10 per monitor sold
That is, profit equals -$250 + $10X, where X = the number of monitors sold. The mean amount you would expect to sell is 49.5 units. (a) Calculate the expected profit. (b) Simulate the sale of 10 items, using the following double digit random numbers: 47, 77, 98, 11, 02, 18, 31, 20, 32, 90. (c) Calculate the average profit in (b) above, and compare with the results of (a) above.