Case 9-1 ​​Eamon Is Planning to Start an Online Store That Specializes

question 64

Multiple Choice

Case 9-1
​​Eamon is planning to start an online store that specializes in books and electronics. Since it's his first business, he has a lot of doubts. Help Eamon set up his business by answering the following questions.
-Eamon wants to provide a discount to premium buyers who order in large quantities. He wants to create a code for each price and share it with them. Also, he wants to ensure that only the premium buyers can decipher the code shared. In this scenario, which of the following codes would you suggest Eamon to use?

• A) Cipher code
• B) Mnemonic code
• C) Action code
• D) Derivation code

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Definitions:

In-Group

A social group to which a person psychologically identifies as being a member, often leading to favoritism towards fellow members.

Trait Theories

Theories that focus on identifying specific personality traits and characteristics that are believed to lead to effective leadership and successful performance.

Behavioral Theories

focus on explaining human behavior primarily through observable actions and environmental factors, rather than internal processes.

Contingency Leadership Perspective

The view that the effectiveness of the leader relates to the interaction of the leader’s traits or behaviors with situational factors.