Adaptation is the process by which the adoption of an innovation spreads.
Answer the following statement true (T) or false (F)
False
This process is referred to as diffusion.
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Which of the following is an advantage of the hourly wage plan?
a. It establishes wages on only the production of good units. b. It will not tempt employees to sacrifice quality by speeding up production. c. It gives extra recognition for producing above the minimum requirements. d. It provides incentives for employees to achieve a high level of production.
Merchandising includes _____
a. all the steps in the buying and selling of products b. the purchasing of products but not the sale of them c. pricing and product assortment decisions only d. cooperative buying arrangements only
A small appliance retailer has in-store cooking demonstrations, offers free samples, and lets consumers try out selected new appliances in an environment that resembles a small kitchen. This retailer _____
a. employs functional product groupings b. has a theme-setting display c. practices experiential merchandising d. utilizes the model stock approach
As the vice-president of marketing, Aricella gives her employees freedom to make their own decisions and encourages them to express their opinions in meetings. Aricella is a
a. Type A manager. b. Type X manager. c. Type Y manager. d. Type Z manager.