If the random variable y denotes an individual’s income, Pareto’s law claims that<u> P(Y>=y)= (k/y) raised to the power of 9</u>. Here k refers to the minimum income of the entire population.
Pareto's law states that for different outcomes, almost eighty percent of the results come from the twenty percent of the causes of the event. We also call it the 80/20 rule or the rule of the vital few or even the principle of factor sparsity.
Joseph M. Juran, a management consultant developed this concept keeping in mind the context of quality control as well as improvement after he read the works of the Italian economist Vilfredo Pareto.
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Historically, enslaved people have resisted slavery through escaping, fighting back with physical violence, and fighting back through words (such as petitions, articles, speeches, etc.)
C. Government manages the economy to prevent economic inequality.
Answer:
4). Individuals who pursue goals because of an intrinsic interest are more likely to attain their goals.
Explanation:
As per the question, the notion of 'self-concordance' suggest that 'individuals who pursue goals because of an intrinsic interest are more likely to attain their goals.' Self-concordance is demonstrated as the optimal way of goal-achievement in which the individual reflects an intrinsic desire to identify their goals and achieve them. Therefore, self-concordance is elucidated as the possession of innate interest to attain the goals and hence, <u>option 4</u> is the correct answer.
Answer:
Transformational.
Explanation:
As the example briefly describes, transformational leadership will encourage and motivate their subordinates to do exceptional things, to innovate and create and change in ways that will help, that will evolve, that will provoke growth and shape a companies success, for example. Transactional leaders will try and get people to do their jobs, but not much more than that.
