A bureaucracy empowers employees to quickly respond to customers' wants and desires.
Answer the following statement true (T) or false (F)
False
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Benz & Frendz Corp, a manufacturer of high end consumer durables, experienced a sluggish sales growth in most of its product categories during three consecutive quarters of 2009
However, market analysis revealed that its competitors' sales had also slackened during this period. Analysts pointed out that when all firms are losing sales, it is extremely important to adopt strategies that are aimed at retaining customers. This led the firm to reduce operation costs while maintaining product quality. They also revamped their marketing strategy to focus on the values created by their products. Which of the following can be inferred from the strategies adopted by the firm? A) The company was trying to protect its market share and continue to operate as a market leader. B) The company was focusing on geographical expansion. C) The company was aiming to capture a new market segment. D) The company was marketing its products amidst an economic downturn. E) The company was focusing on market penetration.
The ________ is a statistic that assumes that the variable has a symmetric bell-shaped distribution and the mean is known, and the population variance is estimated from the sample
A) a statistic B) p statistic C) t statistic D) z statistic E) bell statistic
To attract better workers and enhance the organization’s employment brand, which philosophy of compensation might an organization chose?
A. Pay secrecy B. Pay for longevity C. Above-market pay D. At-market pay E. Below-market pay
Shelby offers to make digital copies of Relay Company's business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the Uniform Electronic Transactions Act (UETA), Relay's acceptance by e-mail will be considered effective when
A. received. B. sent. C. followed up by a confirmation letter sent by regular mail. D. composed on a Relay computer.