Answer: Interpersonal Role
Explanation:
In this scenario, Scott Lawton is not performing an Informational role but rather an Interpersonal one.
There are three (3) roles of a manager that involve Interpersonal skills. This includes, Figurehead, Liaison and Leader.
The role of Leader is the relevant role here. Under this role for instance, Managers are supposed to exercise leadership and one way to do that is to hire and train staff to the best of their ability. By hiring Managers and training them, Scott plays the Interpersonal role of Leader to the managers who they then hope will be successful.
Answer:
Explanation:
As long as IKEA is able to deliver value and differentiation via quality, cost, and new designs, then the IKEA way of putting people through the different departments before making checkouts, will not spell trouble.
Furthermore, the movement of people through the different departments will give consumers, exposure to other new products available and it will make them aware of the quality present in other goods. As a result, the consumer and the company will benefit from increased sales.
Here, IKEA has to assure that quality is to be maintained and movement through the different departments should not be high traffic and it will be convenient for people to easily move through to remain interested in visiting the IKEA stores on a regular basis.
Thus, it will be the right step to build a sustainable business model by IKEA.
Answer:
Standard deviation = 47.69% (Approx)
Explanation:
Given:
Portfolio of Apple stock w1 = 25% = 0.25
Portfolio of Tesla stock w2 = 75% = 0.75
Standard deviation return Apple σ1 = 35% = 0.35
Standard deviation return Tesla σ2 = 60% = 0.60
Correlation coefficient ρ12 = 0.22
Find:
Standard deviation
Computation:
Standard deviation = √w1²σ1² + w2²σ2² + 2w1σ1w2σ2ρ12
Standard deviation = 0.4769
Standard deviation = 47.69% (Approx)
Price expectations about the future is another determinant of demand.
Explanation:
For example, An increase in the expected future price of electric cars may increase current demand for electric cars.
Individuals would naturally want to stock up more of electric cars in anticipation of an increase in their prices.
