After Giving Intuition Tests to More Than 10,000 Executives, Research

question 15

True/False

After giving intuition tests to more than 10,000 executives, research has shown that in most cases higher management positions were not held by individuals with higher levels of intuition.

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Definitions:

Predictable Variability

Variations in demand, supply, or processes that can be anticipated and planned for based on historical data or trends.

Profitability

The financial metric used to assess the ability of a business to generate earnings compared to its expenses and other relevant costs.

Seasonal Workforce

Employment that changes with the seasons, often increasing during peak production times and decreasing in off-peak seasons.

Peak Season

The time of year when demand for services or goods is highest, often leading to increased business activity.