An Effective Way to Gain Commitment and Achieve Desired Results

question 49

Multiple Choice

An effective way to gain commitment and achieve desired results is to

• A) emphasize that imposing a particular method is more important than achieving desired results.
• B) shift from specific to general issues and concerns.
• C) eliminate middle level managers from strategic decisions.
• D) switch from long-term to short-term issues and concerns.
• E) realize that it's better to achieve optimal results with an unpopular strategy than to achieve satisfactory results with a popular strategy.

Identify the objectives of stabilization policies.

Understand the significance of government spending and taxation changes on economic activity.

Recognize the role of automatic stabilizers in mitigating the effects of economic cycles.

Understand the influence of cultural differences on communication.

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Definitions:

Expiration

In finance, this term typically refers to the date on which a contract, such as an option or futures contract, ceases to exist and the final settlement or exercise must occur.

Selling

The process of giving or exchanging an item of value for money; a fundamental concept in economics and commerce.

S&P 100 Index

Is a stock market index that measures the stock performance of 100 major companies listed on stock exchanges in the United States.

Exercise Price

The predetermined price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.