In Addition to the Chairman of the Board of Governors

question 25

Multiple Choice

In addition to the chairman of the Board of Governors, the FOMC consists of ________.

• A) Six rotating members of the Board of Governors and five presidents of Federal Reserve banks
• B) Six other members of the Board of Governors, four rotating bank presidents and the president of the New York Federal Reserve
• C) Six other members of the Board of Governors and five presidents of Federal Reserve banks; all twelve rotating members
• D) Twelve Federal Reserve Bank presidents
• E) none of the above

Analyze real-life scenarios to identify personality dimensions according to the Big Five model.

Understand the concept of locus of control and its types.

Recognize behaviors associated with high core self-evaluation.

Identify stages of the Developmental Model of Intercultural Sensitivity.

---

Definitions:

Human Nature

The inherent characteristics, behaviors, and traits shared by all humans, often considered in the context of moral, social, and philosophical discussions.

Middle Management

A level of management in an organization that is responsible for implementing the policies and plans developed by top management and supervising lower-level management.

Technology Deficiencies

The absence or inadequacy of technology that hampers an organization's ability to operate efficiently or compete effectively.

Unfreezing Phase

The initial step in Lewin's change management model, involving the process of realizing the need for change and preparing an organization to move away from its current state.