Each Salesperson in a Large Department Store Chain Is Rated

question 72

Multiple Choice

Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 500 sampled salespeople are summarized in the following table. What is the probability that a salesperson selected at random will have an excellent potential for advancement given they also have average sales ability?

• A)0.27
• B)0.30
• C)0.404
• D)0.45

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Definitions:

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.

Reacts To Major Events

Refers to the process of responding or adjusting to significant occurrences or changes in the environment.

Vice President Operations

A senior executive responsible for managing the day-to-day operations of an organization and ensuring operational efficiency.

Organizational Culture

The collective norms, ideologies, and habits that form the cultural and mental framework of a company or institution.