To a Business Manager,the Utility of a Potential Supermarket Location

question 69

Multiple Choice

To a business manager,the utility of a potential supermarket location will most likely be based on

• A) prestige, convenience and feelings of community happiness.
• B) projected costs and revenues.
• C) environmental characteristics.
• D) distance from sources of food and household goods.
• E) its population characteristics.

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Definitions:

Team Competence

Team competence involves the collective skills, knowledge, and abilities of a team that enable it to perform tasks effectively and achieve its goals.

Decision-Making Process

A series of steps that individuals or organizations follow to select a course of action from among several alternatives.

Team Members

Individuals who are part of a group working together towards a common goal or objective.

Situational Leadership Model

A theory that suggests that leaders must adapt their leadership style according to the maturity level of the followers and the demands of the situation.