Sevi 2053 Study guides, Class notes & Summaries

A compensation system under which employees are paid a certain amount for each unit of output they produce is known as: a. the Hawthorne effect. b. Theory Y. c. piece-rate system. d. motivation-hygiene theory. e. Theory Z. correct answers c Which statement best describes Elton Mayo's conclusions from the Hawthorne Studies? a. Some middle ground between type A and type J practices is best for American business. b. Employees dislike work and will function only in a highly controlled...

Marketing correct answers the activity, set of institutions, and processes for creating, communicating delivering, and exchanging offerings that have value for customers, clients, partners, and society Value correct answers customers estimation of the worth of a product Relationship Marketing correct answers establishing longterm mutually satisfying buyer-seller relationhsips Customer Relationship Management correct answers using information about customers to create marketing strategie...

Makenzie, manager of a car plant in Ohio, has received word through the grapevine that employees believe the plant is closing. Makenzie should correct answers immediately take action to correct the inaccurate grapevine information to minimize damage. Combining cake mix, a plastic wrapper, and a cardboard box to make packages of Pillsbury cake mix most closely resembles a(n) ___ process. correct answers synthetic ___ for a barbecue manufacturing company would include the wood used for racks...

SEVI 2053 Final Exam 2023 Questions and Answers;these are all possible quizzes with complete solution Lotsa Fabric, Inc. just installed a computer-based system for continually gathering internal and external information about fabric sales. This system is known as a marketing information system. Brandon wants to ask his girlfriend to marry him. To prepare for the big date, he decides to buy a new suit to wear, a dozen roses, a ring, and make reservations at a nice restaurant overlooking a la...

1.1 What must a business do to be successful in todays world correct answers HR, Informational, material financial 1. 2 Business definition correct answers the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs 1.3 economics definition correct answers study of how wealth is created and distributed 1.2 Business risks and rewards correct answers Profit! Different customers, different needs 1. 3 Capitalism economy cor...

______________ is the process of coordinating people and other resources to achieve the goals of an organization correct answers Management Management is not a step-by-step procedure that can be carefully mapped out and calendared, it is a __________ with a feedback loop that represents flow. correct answers Process Planning is an essential part of managing an enterprise. A _________ plan is developed as a guide during the planning process for major policy setting and decision making. corr...

SEVI 2053 Final Exam 2023 Questions and Answers;these are all possible quizzes with complete solution Lotsa Fabric, Inc. just installed a computer-based system for continually gathering internal and external information about fabric sales. This system is known as a marketing information system. Brandon wants to ask his girlfriend to marry him. To prepare for the big date, he decides to buy a new suit to wear, a dozen roses, a ring, and make reservations at a nice restaurant overlooking a la...

In order to perform management functions, a manager must possess the ability to think in abstract terms in order to see the "big picture." This skill is known as a(n): a. technical skill. b. analytic skill. c. conceptual skill. d. interpersonal skill. correct answers c. conceptual skill Studying _____ can help you develop skills and acquire knowledge to prepare for your future career, regardless of whether you plan to work for a multinational Fortune 500 firm, start your own business,...