The Staff at a Small Company Includes: 4 Secretaries, 20 $\frac { 2 } { 5 }$

question 16

Multiple Choice

The staff at a small company includes: 4 secretaries, 20 technicians, 4 engineers, 2 executives, and 50 factory workers. If a person is selected at random, what is the
Probability that he or she is a factory worker?

• A) \(\frac { 2 } { 5 }\)
• B) \(\frac { 5 } { 8 }\)
• C) \(\frac { 1 } { 8 }\)
• D) \(\frac { 1 } { 4 }\)

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Definitions:

Differentiation Strategy

A business approach where a company seeks to distinguish its products or services from competitors' offerings through unique features and benefits.

Strategic Positioning

The process of determining how to distinguish an organization's offerings from competitors' to attract and maintain customers.

Meganational Strategy

A strategy used by corporations that operate on a global scale, focusing on maximizing their reach and resources across multiple national borders.

Adaptation

The process of change by which an individual or group becomes better suited to its environment or circumstances, often involving modifications in structure, behavior, or practices.