While Other Firms Were Hunkering Down and Trying to Survive

question 36

Essay

While other firms were hunkering down and trying to survive, networking giant Cisco Systems continued to strive forward. "Even in this downturn," said chairman and CEO John Chambers. "We intend to be the most aggressive we've ever been." Cisco had no major layoffs during the economic downturn and made no salary cuts. John Chambers is a severe dyslexic, although that didn't keep him from earning a law degree from West Virginia University and an MBA from Indiana University.
1. What does this story illustrate about leadership?
2. What does this story illustrate about leadership skills.

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Definitions:

Regression Analysis

A statistical method used to examine the relationship between a dependent variable and one or more independent variables.

Regression Inference

The process of using regression analysis to make predictions or draw conclusions about the relationship between variables.

Linear Correlation

A relationship between two variables where a change in one variable is associated with a proportional change in the other.

Residual Plot

A graph showing the residuals on the vertical axis and the independent variable on the horizontal axis, used to assess the fit of a model.