Which of the Following Best Illustrates the Concept of Derived

question 88

Multiple Choice

Which of the following best illustrates the concept of derived demand as explained in the text?

• A)The number of retail stores in a downtown area decreases and demand for retail goods increases.
• B)The heat wave results in an increased demand for air conditioners.
• C)An increase in the number of new single family homes results from a spurt in the gross national product.
• D)Jet engine manufacturers experience increased sales because more tourists are taking international vacations.

Identify career management responsibilities of organizations and employees.

Explain the role of goal setting and action plans in career development.

Understand the organization's role in the goal-setting stage of career management.

Distinguish different methods used by managers and peers to develop employees.