Mary Can Take a Class That Costs $10,000

question 8

Multiple Choice

Mary can take a class that costs $10,000.The class teaches her a skill that will only be useful during the second year after training.What must the minimum pay for the skill in the second year be for Mary to take the class? She could alternatively invest the $10,000 and earn an annual rate of return of 20%.

• A) $4,000
• B) $4,400
• C) $14,000
• D) $14,400

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Definitions:

Achievement-Oriented Leadership

A leadership style focused on setting challenging goals, emphasizing excellence, and demonstrating confidence in team members' abilities.

Consultation

The process of seeking expert advice or opinions to inform decisions or strategies.

Subordinates

Employees or team members who are lower in the organizational hierarchy and report to a supervisor or manager.

Formal Positions

Recognized or official roles within an organization that come with specific responsibilities and authority.