BCOR 460 Bundled Exams 2023 WITH 100% CORRECT ANSWERS

Marketing definition Marketing is the activity or creating, communication, delivering, and exchanging offerings that have utility (value) for customers, and these exchanges benefit the organization, its stakeholders, and society at large What is marketing? facilitates exchanges between buye...

organizational structure framework of jobs and departments that directs the behavior of individuals and groups toward achieving the organizations objectives work specialization subdivision of tasks into individual jobs span of control the number of people that a manger manages ...

Consideration The value given in return for a promise or performance in a contractual agreement. 1. Something of LEGALLY SUFFICIENT VALUE must be given in exchange for the promise. 2. There must be a BARGAINED-FOR-EXCHANGE. Legal Sufficient Value Something of value in the eyes of the ...

strategy a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity two...