71. All of the following are recognized as abilities of visionary leaders EXCEPT A) Enable execution of essential processes B) create commitment to vision C) demonstrate leadership commitment D) articulate and communicate vision E) drive increases in profitability 72. Corporate encompasses various issues such as setting minority hiring practice manufacturing safe products, and minimizing pollution. A) responsibility B) diversity C) structure and strategy D) philanthropy E) human resource management 73. Which of the following is NOT presented as a key ability of visionary leaders: A) create exceptional commitment to vision within the workforce B) adjust, build out or reinvent the business model C) understand the critical investments necessary for success D) articulate and communicate the vision E) demonstrate leadership commitment 74. Economic contraction occurs when: A) inflation decreases B) inflation increases C) jobs increase D) spending increases E) spending declines 75. When consumers decide to purchase a particular product, they A) base their decision on a brand name nearly all of the time. B) will search for the retailer that offers the lowest price C) consider the total collection of benefits that the product offers. D) initially evaluate the product's package. 76. The formula for the breakeven point is: A) (Total Variable Costs% + Profit Objective%) divided by (Total Fixed Costs) B) (Total Fixed Costs) divided by (1-Variable Cost%) C) (Total Variable Costs) divided by ( 1-Fixed Cost%) D) (Total Fixed Costs-Profit Objective) divided by (1-Variable Cost%) E) (Total Fixed Costs + Profit Objective) divided by (1-Variable Cost%) 15