Each Salesperson in a Large Department Store Chain Is Rated

question 79

Multiple Choice

Each salesperson in a large department store chain is rated on his or her sales ability and potential for advancement. The data for the 500 sampled salespeople are summarized in the following table. What is the probability that a salesperson selected at random will have an excellent potential for advancement given he or she also has average sales ability?

• A)0.27
• B)0.30
• C)0.404
• D)0.45

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Definitions:

Private Control

The management and governance of entities by non-governmental organizations or individuals rather than the state.

Global Commodity Chain

The worldwide network of production and distribution processes through which a product passes until it reaches the consumer.

Glocalization

The practice of conducting business according to both local and global considerations.

Neoliberal Organization

An entity or group that operates based on neoliberal principles, emphasizing free markets, deregulation, and the reduction of government intervention in the economy.