The Industry Leader
Frank, the new Managing Director for Cooper-Smith Real Estate, is working hard to turn around the formerly successful real estate business.His goal is to once again make Cooper-Smith a leader in the industry.Frank is currently at a meeting with senior staff and is informing them about measuring the company's performance.
-Refer to The Industry Leader (Scenario).Beth, a senior staff member at the meeting, asked if there was any sort of correlation between an organisation's financial performance and its reputation.Frank replied that there is ________ correlation between the financial performance of an organisation and its reputation.
A)a weak
B)a strong negative
C)no
D)a strong positive
E)no relative

Question

Quizplus · Accepted Answer

Frank's response indicates that there is a strong positive correlation between an organisation's financial performance and its reputation. This means that if a company is performing well financially, it usually has a good reputation, and vice versa. This correlation suggests that improving financial performance can lead to an improved reputation, and vice versa.

The Industry Leader Frank, the New Managing Director for Cooper-Smith Real Estate, Is