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Big Cure and Little Cure are both pharmaceutical companies.Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval.If approved,Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure.Little Cure has 10 separate less important drugs before the FDA waiting for approval.If approved,each of Little Cure's drugs would produce $100 million in net income for Little Cure.The probability of the FDA approving a drug is 50%.
-The standard deviation of Little Cure's average net income for their ten new drugs is closest to:
Subordinates' Similarity
The extent to which employees, in terms of backgrounds and perspectives, resemble their colleagues or superiors within an organization.
Democratic Leadership
A leadership style where decision making is shared among the group members, ensuring participation and engagement from everyone involved.
Autocratic Leadership
A leadership style characterized by individual control over all decisions and little input from group members.
Authority
The right or power assigned to an individual or group to make decisions, direct others, and enforce rules within a specific realm.
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