The Reality of the Situation Is Probably Related to Company

question 32

Multiple Choice

The reality of the situation is probably related to company politics. Peter was not overly concerned with politics; he pays careful attention to the running of his division and keeps his people motivated to produce above average results. In fact, Peter appeared to be quite oblivious to what led up to Les's promotion. Which of the following factors would assist Peter to improve his political effectiveness?

• A)Peter should make himself appear to be indispensable to GIC.
• B)Peter should develop powerful allies with potentially influential people.
• C)Peter needs to support his boss more frequently.
• D)Developing the right image to "fit" into GIC might be beneficial.
• E)All of the actions listed here would help Peter create a more influential presence at GIC.

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Definitions:

Spot Market

A public financial market in which financial instruments or commodities are traded for immediate delivery.

Futures Market

A financial market where participants can buy and sell futures contracts, which are agreements to buy or sell an asset at a future date at a price agreed upon today.

Simultaneous

Occurring, operating, or done at the same time.

Position

In finance, a position refers to the amount of a particular security, commodity, or currency held or owned by an individual or entity.