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Business Acumen - 201 Pre Assessment test questions with 100- correct answers already graded A+
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Business Acumen -201 Pre Assessment
test questions with
100% correct answers
already graded A+
Evaluating Results - answer Organizing process
that aids in effective & efficient progress towards
planned goals & often results in changes within the
organization.
Result of a company increasing the delegation of
authority and span of control - answer Increased
decision making authority given to employees
2 elements of an effective organization - answer
Human interaction, Structure
Wh does a line organizational structure function
most effectively in a crisis situation - answer It
establishes a direct flow of authority
, Departmentalization - answer A company divided
into smaller groups that best match the type of
customers it serves.
Achievement of company goals - answer Primary
driver management uses for an organizational
structure
Everyday low pricing - answer Maintaining
continuous bottom line pricing rather than relaying
short-term pricing such as coupons, rebates, sales.
Pull promotional strategy - answer When demand
for the product is driven by the end user
Affinity programs - answer Marketing tool used to
build effective relationship marketing campaigns
Personal selling - answer Promotional mix with the
advantage of messaging that can be tailored for
each customer, but disadvantage of high cost per
contact.
3 factors of a successful marketing plan - answer
Target marketing, sales revenue goals, plan
implementation timeline
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