Premier Bank Considers Population an Effective Measure of Sales Potential

question 142

Multiple Choice

Premier Bank considers population an effective measure of sales potential for its safe deposit boxes. It has broken down the population of the U.S. by region and assigned 30 percent of the total population to the Northeastern region. If Premier has a planned sales goal of $2.5 million nationwide, and actual sales in the Northeastern region last year were $650,000, what was the Northeastern region's performance index (to the nearest whole number percent) ?

• A) 33 percent
• B) 50 percent
• C) 66 percent
• D) 75 percent
• E) 87 percent

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Definitions:

Women of Color

Describes females who are identified as non-white in race or ethnicity, emphasizing the unique experiences and challenges faced due to their gender and racial identity.

Transformational Leadership

A style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration.

Contingent Reward

A leadership approach that uses the promise of reward to motivate followers to achieve agreed upon goals, making the reward conditional on performance.

Cognitive Shortcuts

Mental strategies that simplify decision-making by using approximate, quick solutions instead of detailed analysis.