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Scenario 13.1 - Nefarious

question 45

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Scenario 13.1 - Nefarious
The tenured professor routinely led student groups on factory tours in exotic locales,and one popular destination was an island south of Miami.The students enjoyed this happy little island and the professor liked it because he could supplement his income by bringing back a few boxes souvenirs he could sell to his friends.The souvenirs cost the professor $125 a box and he sells them for $290 a box.Souvenirs that dry out due to age can be sold for $80.Experience has shown that the demand for boxes of these souvenirs has a mean of 80 with a standard deviation of 20.
-The professor's suitcase has room for 50 boxes of souvenirs.How many boxes does he expect to have left once his friends have bought what they want?


Definitions:

Leadership

The action of leading a group of people or an organization, or the ability to do this by inspiring and influencing others.

Authority

The power or right granted to an individual or organization to make decisions, enforce rules, and command obedience.

Authoritarian

Characterized by strict obedience to authority at the expense of personal freedom.

Goals and Policies

Objectives or targets that are aimed to be achieved, and the principles or rules that guide the actions to reach these goals.

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