By Relying on Objective Information to Build Support for an Initiative

question 52

Multiple Choice

By relying on objective information to build support for an initiative, a manager

• A)causes others to believe that what the manager is proposing is the appropriate or rational thing to do.
• B)can develop mutually beneficial relationships with people both inside and outside the organization.
• C)generates knowledge in all aspects of the organization.
• D)can ensure everyone's personal interests are considered.
• E)ensures that everyone who supports the proposal benefits personally.

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Definitions:

Consumer Price Index

A scale that quantifies the average alteration over time in the prices that urban buyers allocate for a specific group of consumer products and services.

Basket of Goods

A fixed set of consumer products and services valued on an annual basis to measure inflation in an economy or specific market.

Government Surveys

Data collection tools used by governments to collect information about populations, economic indicators, public opinions, or conditions within the country.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to monitor inflation.