Which Tier in the Hierarchy of Business Decision Makers Sees

question 18

Multiple Choice

Which tier in the hierarchy of business decision makers sees research as the fundamental first step in any business venture?

• A) Intuitive Decision Makers (Base tier)
• B) Standardized Decision Makers (Middle tier)
• C) Visionary Decision Makers (Top tier)
• D) All of the above
• E) None of the above

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Definitions:

Products

are goods or services that are created through a process and offered in the market to satisfy the needs or desires of consumers.

Profit

The financial gain obtained when revenues exceed the costs associated with business operations or investments.

Heart

That which is vital; the center or core of a person or thing. Expressing one’s innermost thoughts and feelings is termed “speaking from the heart,” and it is the basis of credibility and trust.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.