At a Meeting with Your Fellow Executives at KFC, You're

question 101

Multiple Choice

At a meeting with your fellow executives at KFC, you're discussing introducing a new low-fat grilled chicken nugget option, which is significantly different from the company's usual menu items. The CEO wants to get an accurate sales forecast for the product before giving it the green light. Of the following arguments in favor of using various techniques, which one makes the most sense to you?

• A) Alex suggests surveying potential buyers since the company has access to so many consumers.
• B) Bruce points out that using data from other similar products to conduct a trend analysis would be the least expensive choice.
• C) Taylor recommends getting sales forecasts from store managers, a form of sales force composite, since they're so familiar with KFC customer preferences.
• D) Anya claims that test marketing in a few select cities will provide the most realistic information on actual purchases.

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Definitions:

Leaders

Individuals who guide, influence, or command groups, organizations, or countries.

Similarities

Aspects or characteristics that are alike between two or more objects, individuals, concepts, or situations.

Differences

Variances or disparities between individuals, objects, or situations, typically considered in context to highlight diversity or contrast.

Leadership Styles

Leadership styles are the various approaches to leadership that a leader can adopt, such as authoritarian, democratic, transactional, and transformational styles, each with different strategies for decision-making and team interaction.