Best describes the gross domestic product

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Reference no: EM132204929

1. In classic decision making, the step called "follow-through" means the manager will

A) make the final decision on the most desirable course of action.

B) decide if the decision produced the desired results and take any appropriate corrective action.

C) monitor the implementation of the decision to ensure that the new directive has been institutionalized.

D) inform the appropriate people about the decision, and institute any necessary changes in policies, procedures, or systems that are affected by the decision.

2. The broker should handle performance reviews and disciplinary issues

A) in a group session.

B) privately, face to face.

C) rarely.

D) by email.

3. Which statement BEST describes the gross domestic product?

A) It measures changes in the costs of goods and services purchased by consumers.

B) It reflects the inflation rate.

C) It has a direct bearing on the local housing market.

D) It is the broadest measure of the strength of the economy.

4. A company's MOST energetic stage of life is

A) stability.

B) growth.

C) birth.

D) midlife.

5. Which situation would make niche marketing less rewarding to a broker?

A) The broker's office is located in a small rural community.

B) The broker has substantial experience and knowledge in a specific area of real estate.

C) There is a growing population of elderly persons in the area.

D) The broker's office is located in Miami.

Reference no: EM132204929

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