Diane Heads an Event Management Company Called Venus Inc

question 45

Multiple Choice

Diane heads an event management company called Venus Inc. The company encourages an innovative and creative approach to work. Diane plans to cocreate a vision. Which of the following steps should she apply to implement her plan?

• A) Diane should make a vision that can be the property of the leader.
• B) Diane should create the final vision statement without several drafts.
• C) Diane should target a vision for a desired future.
• D) Diane should communicate the vision using a single channel.

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Definitions:

Consumer Surplus

The incongruity between the price consumers are willing to offer for a good or service versus the final cost.

Increase Supply

An upward shift in the supply curve, indicating more of a good or service is available for sale at any given price, usually the result of factors like improved technology or decreased production costs.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually pay.

Soybeans

Edible legumes native to East Asia, widely grown for their numerous uses, which include producing oil, as a source of protein, and in many food products.