Most Companies That Sell CDs by Mail Deliver in 1

question 152

Multiple Choice

Most companies that sell CDs by mail deliver in 1 to 2 weeks.Mosey Music, Inc., takes 4 weeks to deliver CDs.We should expect that Mosey Music

• A)will lose all its customers
• B)will not lose customers because the good in question is CDs, not the delivery date
• C)will have to charge more for its CDs to make up for the business it loses through slow delivery
• D)will have to charge less for its CDs to compete with firms that deliver CDs faster
• E)will be able to charge the same amount for its CDs as other firms do, as long as the CD quality is the same

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Definitions:

Quantitatively Measurable

Attributes or phenomena that can be measured or quantified using numerical values or data.

Path-goal Theory

A leadership theory that suggests leaders adjust their style to best suit the follower's environmental and psychological contingencies to achieve their goals.

Motivational Forces

Internal or external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Transformational Leadership

Approach to leadership that focuses on the way that leaders transform group goals and actions – mainly through the exercise of charisma. Also a style of leadership based on charisma.