Stacker Requires Sales of $500,000 to Cover Its Fixed Costs

question 85

Multiple Choice

Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000.What percent are variable costs of sales?

• A)36%
• B)2.77%
• C)20%
• D)64%

Identify intelligence as a leadership trait and understand its relationship with leadership effectiveness.

Comprehend different theories of leadership such as implicit leadership theory, leadership categorization theory, and role congruity theory, and their implications for understanding leadership and prejudice.

Understand the relationship between leadership traits, especially the Big Five dimensions of personality, and leadership emergence and effectiveness.

Learn the role of CEO and top management team traits, such as intelligence and conscientiousness, in predicting organizational performance.

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Definitions:

Social Roots

The foundational social influences and contexts from which individuals' behaviors, beliefs, and identities originate.

Cognitive Roots

Fundamental aspects or underlying elements of cognitive processes, such as perception, memory, and reasoning.

Emotional Roots

The underlying emotional causes or bases for behaviors, thoughts, or feelings, often linked to past experiences.

Just-World Phenomenon

The cognitive bias to believe that the world is fundamentally fair, leading people to rationalize an unjust situation as deserved by the victim.