An Example of a Terminal Value That Is Important to Managers

question 7

Multiple Choice

An example of a terminal value that is important to managers is

• A)ambition.
• B)competence.
• C)equality.
• D)self-discipline.
• E)responsibility.

---

Definitions:

Sporting Event

An organized competition or activity involving physical exertion and skill in which individuals or teams compete against each other.

Tickets

Documents that grant the holder the right to enter an event, receive a service, or travel on a vehicle.

Price Elasticity of Demand

A calculation that determines the responsiveness of the amount of a product desired by consumers when its price fluctuates, defined by the ratio of the percentage alteration in the quantity demanded to the percentage alteration in its price.

Quantity Demanded

The total amount of a product that consumers are willing to purchase at a given price within a specific time frame.