You work for Innovative Focus, an internationally recognized consulting firm. You are working on the Waterpik account to help them with finding their next successful product
You are meeting with the Waterpik marketing professionals tomorrow to conduct a trends meeting to list and prioritize key consumer wants and needs. You have also scheduled a meeting with the Waterpik engineers to uncover applicable technologies and the company's internal competencies. What type of research are you conducting in your meetings with Waterpik?
A) simple research
B) exploratory research
C) descriptive research
D) causal research
B
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________ involves studying "best practice companies" to improve performance
A) Empowering B) Globalizing C) Flattening D) Benchmarking E) Focusing
Which of the following terms is used by Ulrich and Brockbank (2005) to describe the dimension of the HR specialist’s role concerned with addressing the needs of the workforce:
a. employee liaison b. employee advocate c. employee’s friend d. employee supporter
An economic system in which the interests of a variety of interest groups are considered in decision-making is referred to as:
a. shareholder economy b. best practice economy c. stakeholder economy d. socialist economy
At the optimal order quantity (EOQ), the total annual ordering cost is given by ______.
A. annual demand x EOQ/ordering cost per order B. annual demand + EOQ x ordering cost per order C. annual demand – EOQ – ordering cost per order D. annual demand/EOQ x ordering cost per order