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Ipatiy [6.2K]
3 years ago
7

Bill is the new CEO at World’s Fair, a nationwide store that specializes in unique items from around the world. At his first man

agers meeting, he told them he likes to think of his management style as practical, efficient, logical, and systematic. Which style of decision maker is Bill?
Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

Directive Style of Decision Making

Explanation:

Decision Making is a crucial step in very leader's work process.

There are following decision making styles :

  • Directive : This leadership style is very logical & practical , quick & systematically efficient. It consumes less information, considers less alternatives. Such style is less open to others creative suggestions, opinions  participation & has very less tolerance to any ambiguity.
  • Analytic : This style is careful & able to adapt  & cope with new situations
  • Conceptual : It focuses on broad information based, creative solutions approach. People using consider multiple aspects of alternatives.
  • Behavioural : This style encompasses all opinions, seeks acceptance of  decisions. People using this have good rapport with co workers.

Bill mentioning his management style as 'practical, efficient, logical, and systematic' highlights towards it being 'Directive style of decision making'

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In a marketing context, customers seek a fair return in goods and/or services for their hard-earned money and scarce time. They
Alinara [238K]

Answer:

the answer is They are seeking Economic <u>Value</u>.

Explanation:

In a marketing context, customers seek a fair return in goods and/or services for their hard-earned money and scarce time. They are seeking <u>value</u>, which reflects the relationship of benefits to costs, or what you get for what you give.

Value is variable, lets zero in on Economic Value since the subject is effective demand from a customer.

Economic Value is the worth or benefit derived from a product or service paid for. It could be comfort, pleasure, satisfaction, relief from pain, etc.

It is directly proportional to the amount paid for. Therefore, greater value attracts higher cost and vice versa.

6 0
3 years ago
You are evaluating a fund that had an annual average return of 7.2%. During that time, the average risk-free rate was 1.5% and t
PilotLPTM [1.2K]

Answer:

Risk free rate(Rf) = 1.5%

Market return(Rm) = 8%

Beta(β) = 0.8

ER(P) = Rf  + β(Rm – Rf)

ER(P) = 1.5 + 0.8(8-1.5)

ER(P) = 1.5 + 0.8(6.5)

ER(P) = 1.5 + 5.2

ER(P) = 6.7%

Alpha = Annual average return - ER(P)

         = 7.2% - 6.7%

         = 0.5%

Explanation:

In this case, we will calculate the expected return on the stock based on CAPM. Thereafter, we will calculate alpha by deducting the expected return from annual average return.

7 0
3 years ago
Why have many nations chosen to use taxpayer dollars to subsidize primary, secondary, and higher education
Alona [7]

Answer and Explanation:

This is because education has a positive rate of return. Investment in Education is an investment in new knowledge which is beneficial to any country. These countries have subsidized these forms of education because they recognize that an investment in education is an investment in human capital. Which would likely increase future productivity and ability to earn money.

Education is very beneficial to the individual who gets it, but a country where it's citizens have a good level of education benefits everyone positively.

1. Better health outcomes due to breakthroughs in research.

2. Reduction in Crime rates

3. Better environment

4. Also a better government

Are reasons for using taxpayers dollars to subsidize all these levels of education.

3 0
3 years ago
Select the correct answer from each drop-down menu.
ZanzabumX [31]

Nepal is multi media is co on of this

5 0
2 years ago
Which principle of design is used to make one element of a design stand out?
Olegator [25]
B is the correct answer.
5 0
3 years ago
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