Which type of labor market hires entry-level workers and trains workers within the firm?
a. external labor market
b. internal labor market
c. thick labor market
d. thin labor market
b. internal labor market
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Explain what qualitative research is and why it might be useful to marketers. What are its major drawbacks?
What will be an ideal response?
In a computerized environment, all input controls are implemented after data is input
Indicate whether the statement is true or false
Value engineering seeks to obtain increased
a. product life-cycle and reduced direct labor inputs. b. planning team membership and reduced time-to-market. c. product performance ratio and reduced substitute goods. d. product functionality and reduced costs.
An advantage of downsizing is
a. one time losses. b. layoffs. c. reduced communications. d. decreased costs in the long run.