Common names for top-level managers are vice president, chief executive officer, and chief operating officer.
Indicate whether the statement is true or false
Question 2 - Some people question the usefulness of Frederick Taylor's principles of scientific management in today's service-dominated economy. For which economic settings were Taylor's principles originally intended?
Question 3 - Although changes have occurred over the years, ____ is historically considered to have a communist economy.
A) Germany
B) Sweden
C) Norway
D) North Korea
E) Britain
Question 4 - Click It, Inc
Travis is a salesperson for Click It, Inc Click It does not sell products with its own brand name. Instead, its products are created for different retail stores and carry the store brand. Travis thought that several changes needed to be made to a particular product, but Click It management reminded him that the stores, not Click It, owned the brand.
However, because Click It had been concerned about dropping sales, management listened to Travis's concerns about the company's pricing. He suggested using a different pricing strategy. More specifically, he felt that the company should incorporate a multiple-unit pricing strategy because it would then allow Click It to set a single price for multiple units. This had the potential of increasing sales and therefore profits, so management agreed to consider Travis's suggestion.
Refer to Click It, Inc The multiple-unit pricing strategy suggested by Travis is a(n) ____ strategy.
A) new product
B) psychological
C) equilibrium
D) promotional
E) place
Quick Reply
