A Manager in For-Profit Business Focuses Primarily on _____, While

question 157

Multiple Choice

A manager in for-profit business focuses primarily on _____, while a manager of a non-profit focuses on _____.

• A) the bottom-line; employee morale
• B) the bottom-line; social impact
• C) profitability; customer satisfaction
• D) market share; the bottom-line
• E) customer satisfaction; organization reputation

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Definitions:

Standard Deviation

A gauge for determining the level of difference or scattering in a series of amounts.

Mean High Temperature

The average of the highest temperatures observed over a specified period.

Normal Distribution

A symmetric, bell-shaped distribution of values in which the mean, median, and mode are all equal and located at the center of the distribution.

Standard Deviation

Standard deviation is a measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values tend to be close to the mean, while a high standard deviation indicates that the values are spread out over a wider range.