After talking with his manager, a salesperson thought he was supposed to be spending about 20 percent of his time prospecting and qualifying new customers. The manager actually wants him to spend 50 percent of his time on finding new customers. The salesperson is experiencing:

A. Job demotivation
B. Role inaccuracy
C. Role ambiguity
D. Task incompatibility
E. Role conflict

Ans: B. Role inaccuracy

Business

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Which of the following is needed when practicing business etiquette when in teams and in meetings?

A) Mutual respect and consideration among participants B) Integration of mobile communication and social media C) Participative management D) Creativity E) Formal rules of behavior

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Taggart Transcontinental has a value of $500 million if it continues to operate, but has outstanding debt of $600 million. If Taggart declares bankruptcy, bankruptcy costs will equal $50 million, and the remaining $450 million will go to creditors. Instead of declaring bankruptcy, Taggart proposes to exchange the firm's debt for a fraction of its equity in a workout. The minimum fraction of the

firm's equity that Taggart would need to offer to its creditors for the workout to be successful is closest to: A) 50% B) 75% C) 83% D) 90%

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