Lance Has Set for His Business the Goal of Increasing

question 61

Multiple Choice

Lance has set for his business the goal of increasing revenues by 20% and profits by 15% by the end of the year.Lance is likely high in:

• A)risk tolerance.
• B)opportunity obsession.
• C)leadership.
• D)motivation to excel.

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Definitions:

Psychological Withdrawal

A defense mechanism where an individual emotionally detaches or disengages from stressful or threatening situations to protect their psychological well-being.

Employee Turnover

The rate at which employees leave a workforce and are replaced by new hires, which can affect a company's stability and cost.

Theory X

Negative assumptions about employees’ values and intentions.

Industrious-Working

Characterized by a hard-working, diligent, and persistent effort towards achieving tasks and goals.