A Manager Is Worried That If He Chooses the Wrong

question 81

Multiple Choice

A manager is worried that if he chooses the wrong investment strategy, his company could lose out on a great deal of money.Which strategy should he follow?

• A)a maximax orientation
• B)a minimin orientation
• C)a maximin orientation
• D)a minimax orientation

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Definitions:

Referent Power

A form of power that stems from being admired, respected or identified with, allowing a person to influence others.

Character

The totality of an individual's ethical and moral qualities, reflecting their integrity, honesty, and personal values.

Integrity

The quality of being honest and having strong moral principles, or the state of being whole and undivided.

Role Modeling

The process in which individuals influence others by serving as examples or patterns of behavior for them to emulate.