Demographic characteristics are commonly used to segment a market because they are closely related to consumers' product needs and purchasing behavior.

Answer the following statement true (T) or false (F)


True

Business

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The primary functions of leadership are ______.

A. directing, ruling, encouraging B. aligning, visioning, inspiring C. building, maintaining, staffing D. budgeting, controlling, problem solving

Business

How should leaders respond to acceptance of change in their organizations?

What will be an ideal response?

Business

Compensating differentials theory states that:

A. pay levels and pay mix are designed to signal desired employee behaviours B. high wages will increase efficiency and lower labour costs if they lower turnover C. higher wages must be offered to employees to compensate for any negative features of jobs D. higher wages must be offered to employees when chances of success are high E. job seekers have a reservation wage level below which they will not accept a job offer

Business

The relationship between two or more tasks that requires certain tasks to be done before others is known as ______.

a. a precedence relationship b. a Muther’s grid relationship c. points of indifference d. an assembly relationship

Business