The Executive Committee at Oak Meteors made the following statement: "We want all of our business developers to be outstanding. For these reasons, we have started the "excellence club," whose membership is limited to those who place in the top ten percent in terms of the dollar value of the deals they complete. The annual goals of each business developer include membership in this club. We also believe in continuous improvement. To meet their annual goals, the business developers also must generate more dollars in sales than they did last year. In order to keep the business developers focused, they have no other annual goals."
Which of the following must be true about the business developers at Oak Meteors during any given year?
Some of them meet all of their annual goals.
Some of those that meet all of their annual goals are among the top performers in the entire organization.
All of those who generate more dollars in sales than they did in the previous year qualify for the "excellence club."
Some of those in the "excellence club" do not meet all of their annual goals.
Not all of them meet all of their annual goals.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q138: A new manager observes high productivity in
Q139: Which statement is correct regarding charismatic leadership?
Charismatic
Q140: In a move to become less hierarchical,
Q141: A company is convinced of the benefits
Q142: The sales staff at Macmoo Real Estate
Q144: Gordon, a manager, makes the following statement:
Q145: The Executive Committee at Oak Meteors made
Q146: Bill Tarnofsky makes the following statement: "We
Q147: The Executive Committee at Oak Meteors made
Q148: Marilyn Peck, the manager of human resources
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents