Josie Has an Undergraduate Degree in Economics and Has Been

question 76

Multiple Choice

Josie has an undergraduate degree in economics and has been working as a utility rate analyst at the local electricity utility.If she continues on her present career path,the present value of her lifetime earnings is $250,000.If she takes two years off and gets an MS degree in economics,the present value of her lifetime earnings is $275,000.The annual cost of an MS degree in economics is $15,000 and the interest rate is 8%.
Josie should

• A)get the MS degree because her lifetime earnings will increase $25,000.
• B)get the MS degree because more education is always better than less education.
• C)not get the MS degree because $30,000 is greater than $25,000.
• D)not get the MS degree if the present value of cost exceeds the present value of benefit.

---

Definitions:

Leader Behaviors

Actions and activities carried out by leaders in the course of guiding, directing, and influencing the work of team members.

Types

Categories or classifications based on common characteristics or attributes, used to organize a wide range of entities, including objects, individuals, and concepts.

9, 9 Style

A leadership approach in the managerial grid model that emphasizes high concern for both production and people, aiming for maximum performance and engagement.

Blake and Mouton

Refers to the Blake and Mouton Managerial Grid, a model used to assess and analyze managerial behavior focusing on two dimensions: concern for people and concern for production.