A Board of Directors Consists of Eight Men and Four

question 18

Multiple Choice

A board of directors consists of eight men and four women. A four-member search committee is randomly chosen to recommend a new company president. What is the probability that all four members of the search committee will be women?

• A) 1/120 or 0.00083
• B) 1/16 or 0.0625
• C) ⅛ or 0.125
• D) 1/495 or 0.002

Learn how to position a product or service in the market effectively.

Appreciate the significance of customer responsiveness to marketing efforts.

Comprehend the role of differentiated targeting strategy and its benefits.

Understand the concepts and benefits of differentiated targeting strategies.

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Definitions:

Emotional Intelligence

The ability to identify, assess, and control the emotions of oneself, of others, and of groups.

Competencies

Refers to the skills, knowledge, and abilities that are required for the successful performance of a job or task.

Behavioral Component

Refers to the actions or observable responses of a person associated with an attitude, belief, or knowledge.

Intention

A mental state that represents a commitment to carrying out an action or actions in the future.