Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization?: Evaluating results
2. What is the result of a company increasing the delegation of authority and the span of control?: Increased decision-making...
1. Which part of the organizing process aids in effective and efficient
progress toward planned goals and often results in changes within the
organization?: Evaluating results
2. What is the result of a company increasing the delegation of authority and
the span of control?: Increased decision-making authority given to employees
3. Which two key elements does an effective organization include?: Human
interaction
Structure
4. Why does a line organizational structure function most effectively in a
crisis situation?: It establishes a direct flow of authority.
5. A company might divide itself into smaller groups that best match the
types of customers it serves. What is this is an example of?: Organization
6. Which primary driver does management use for an organization's struc-
ture?: Achievement of company goals
7. Which step in the organizing process results in management grouping
work activities into units within the organization?: Departmentalization
8. A high-tech startup company is launching a marketing campaign for its
new social media portal by highlighting how the portal exceeds the connec-
tivity and collaboration capabilities of all other social media sites.
Which type of competitive advantage is this company leveraging?: Product
9. 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?: Everyday low pricing
10. When would a pull promotional strategy enhance a competitive advan-
tage to market a product better than a push strategy?: When demand for the
product is driven by the end user.
11. Which marketing tool is often used to build effective relationship market-
ing campaigns?: Affinity programs
12. 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?: Personal selling
13. What three factors should be addressed in a successful marketing plan?-
: Target market
, WGU C201 Study Set COMPLETE SOLUTION
Sales revenue goals
Plan implementation timeline
14. Which three characteristics are measured in demographic segmenta-
tion?: Race and ethnicity
Income
Household size
15. In which three ways does business-buying behavior differ from con-
sumer-buying behavior?: 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
16. With which two types of products does a marketing strategy rely on
advertising more than personal selling?: Accessories to primary products
Consumable supplies
17. After years of marketing a body lotion, a cosmetics company begins
promoting the lotion as an insect repellent as well.
In which three product life cycle extension strategies did this company
engage?: Adding new users
Increasing frequency of use
Finding new uses for the product
18. What are three qualities of strong brand equity?: Awareness
Loyalty
Favorable images
19. A customer intends to purchase her favorite cereal. It is out of stock, so
she purchases an alternative brand of cereal instead.
Which stage of brand loyalty is this customer in?: Brand equity
20. Which manufacturer distribution model is enhanced by the shipping and
tracking capabilities of a global package delivery service?: Direct
21. Which three tasks are key responsibilities of operations managers?: -
Planning the overall production process
Determining the best layout for the firm's facilities
Implementing the production plan
22. Which two characteristics does a Just-In-Time (JIT) System have?: Pro-
duction using JIT reduces a firm's inventory costs.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller THEEXCELLENCELIBRARY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $18.99. You're not tied to anything after your purchase.