Business > Study Notes > WGU C201 Study Guide: Questions & Answers: Latest Updated A+ Guide Solution (All)
Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? (Ans- Evaluating results What is the result ... of a company increasing the delegation of authority and the span of control? (Ans- Increased decision-making authority given to employees Which two key elements does an effective organization include? (Ans- Human interaction Structure Why does a line organizational structure function most effectively in a crisis situation? (Ans- It establishes a direct flow of authority. A company might divide itself into smaller groups that best match the types of customers it serves. What is this is an example of? (Ans- Organization Which primary driver does management use for an organization's structure? (Ans- Achievement of company goals Which step in the organizing process results in management grouping work activities into units within the organization? (Ans- Departmentalization A high-tech startup company is launching a marketing campaign for its new social media portal by highlighting how the portal exceeds the connectivity and collaboration capabilities of all other social media sites. Which type of competitive advantage is this company leveraging? (Ans- Product Which marketing strategy is devoted to maintaining continuous bottom line prices rather than relying on short-term price-cutting tactics such as cents-off coupons, rebates, and special sales? (Ans- Everyday low pricing When would a pull promotional strategy enhance a competitive advantage to market a product better than a push strategy? (Ans- When demand for the product is driven by the end user. Which marketing tool is often used to build effective relationship marketing campaigns? (Ans- Affinity programs Which element of the promotional mix has the advantage of messaging that can be tailored for each customer, but the disadvantage of a high cost per contact? (Ans- Personal selling What three factors should be addressed in a successful marketing plan? (Ans- Target market Sales revenue goals Plan implementation timeline Which three characteristics are measured in demographic segmentation? (Ans- Race and ethnicity Income Household size In which three ways does business-buying behavior differ from consumer-buying behavior? (Ans- A group or committee often makes decisions Buyers face organizational influences that affect their own preferences Purchasers often invite selected providers to bid on a purchase With which two types of products does a marketing strategy rely on advertising more than personal selling? (Ans- Accessories to primary products Consumable supplies [Show More]
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WGU C201 Study Guide:WGU C201 Exam:WGU C201 Business Acumen Questions & Answers:WGU C201 Chapter 3(Economic challenges facing contemporary business):WGU C201 Pre-assessment Questions and Answers: Guar...
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