Which of the Following Statements Best Describes the "Iceberg Principle

question 88

Multiple Choice

Which of the following statements best describes the "iceberg principle"?

• A) Problems in one area may be offset by good performances in other areas-and thus the problems may not be visible on the surface.
• B) Ten percent of the items in inventory usually account for 80 percent of the sales.
• C) Within a company's sales force there are usually one or two sales reps who don't carry their weight.
• D) Many sales reps do not make their quotas because they ignore certain clients.
• E) Airfreight is less risky than shipping by boat.

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Definitions:

Financial Crises

Periods of significant disruptions in financial markets that are characterized by sharp declines in asset prices and the failure of financial institutions, leading to economic downturns.

Achaemenids

Refers to the first Persian Empire, ruled by the Achaemenid dynasty from approximately 550-330 BCE, known for its impressive administration system, monumental architecture, and multicultural approach to governance.

Lion Capital

The top part of an Ashokan pillar, famously known as the national emblem of India, featuring four lions standing back to back.

Ashoka

was an ancient Indian emperor of the Maurya Dynasty, who ruled the Indian subcontinent from c. 268 to 232 BCE, known for his conversion to Buddhism and spreading Buddhist principles.