Robert Is the Manager of a Departmental Store

question 5

Multiple Choice

Robert is the manager of a departmental store.Which of the following is an example of a decisional role that he has to undertake?

• A) communicating with the top management
• B) training the new employees in the store
• C) performing operational tasks in the store
• D) motivating employees to serve customers better
• E) setting the prices of the products in the store

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Definitions:

Incidence

The allocation or impact of an economic activity or policy, especially in terms of who bears the cost or receives the benefits.

Excise Tax

A tax imposed on specific goods, services, or activities, often aimed at discouraging their use or raising revenue for government.

Price Elasticity

A measure of the sensitivity of demand or supply for a product or service to changes in its price.

Incidence

The measure or rate at which a particular phenomenon occurs, often used in the context of disease or taxation.