The First Step in Securing a Future Promotion in an Organization

question 83

Multiple Choice

The first step in securing a future promotion in an organization is to:

• A) Tell your boss you are interested in a promotion
• B) Assist your boss with his or her duties
• C) Begin behaving and dressing for your desired position
• D) Update your résumé

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Definitions:

Perfectly Competitive

A market structure characterized by a large number of buyers and sellers, homogeneous products, free entry and exit, and perfect information, leading to zero economic profit in the long run.

Standardized Product

Goods or services that are uniform in quality and performance across different producers and can be easily substituted for one another.

Breakfast Cereal

A type of food made from processed grains, often eaten as the first meal of the day.

Perfectly Competitive

A market system where there are numerous buyers and sellers, unrestricted entry and departure, and a uniform product.