Trade Blocs, Levels of Economic Development, Language and Religious Similarities

question 117

Multiple Choice

Trade blocs, levels of economic development, language and religious similarities are examples of which type of segmentation criteria:

• A) Income criteria
• B) Market criteria
• C) Demographic criteria
• D) Cultural criteria

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Definitions:

LMX

Leader-Member Exchange theory, which focuses on the relationship between leaders and individual team members, and how it affects dynamics and outcomes.

Vertical Dyadic Relationship

A hierarchical relationship between two individuals, often between a superior and subordinate within an organization.

LMX

Leader-Member Exchange theory, focuses on the dyadic relationships between leaders and followers, emphasizing that the quality of these relationships determines organizational outcomes.

Organizational Structure

The way in which a company or organization is organized, including its roles, responsibilities, and levels of authority.