Asked by Jasmine Collymore on Jul 15, 2024
Verified
Steve is the owner of a convenience store. All business owners in his neighborhood are required to pay protection money to the local mafia. Steve ends up paying almost 60 percent of the profits he makes from the store as protection money. As a result, he is unable to provide for his family. Under such circumstances, developing which of the following is most likely to help Steve persevere and find a solution?
A) Decentralized decision making
B) Contextual resilience
C) Malice aforethought
D) Cultural intelligence
Contextual Resilience
The capacity of an entity or system to adapt and thrive in the face of evolving external pressures and changes in its environment.
Protection Money
Payments made to a group or individual, typically in an illegitimate context, for protection from harm or harassment.
- Acknowledge the critical role of cultural intelligence and contextual adaptability for leadership on a global scale.
Verified Answer
LF
Lorraine FisherJul 18, 2024
Final Answer :
B
Explanation :
Contextual resilience refers to the ability to adapt and thrive in the face of adversity and challenging circumstances. In Steve's situation, developing resilience can help him persevere and find innovative solutions to his problem, such as finding ways to reduce the protection money or increase his store's profits despite the circumstances.
Learning Objectives
- Acknowledge the critical role of cultural intelligence and contextual adaptability for leadership on a global scale.
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