NetJets Is a Company That Offers 1/16 or More Ownership

question 350

Multiple Choice

NetJets is a company that offers 1/16 or more ownership in a jet plane for a price beginning at $325,000.It gives purchasers privacy,convenience,and flexibility as well as saves them time since the plane is available within four hours unless it's booked by one of the other shareholders.This is MOST LIKELY an example of

• A)a medium-involvement purchase that involves limited problem solving.
• B)a high-involvement purchase that involves routine problem solving.
• C)a high-involvement purchase that involves extended problem solving.
• D)a low-involvement purchase that involves limited problem solving.
• E)a low-involvement purchase that involves extended problem solving.

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Definitions:

Effective Discipline

A method of correcting behavior that is fair, consistent, and conducive to learning, intended to teach and reinforce desirable behavior and values.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization or individual.

Human Dignity

The inherent value and worth that each person holds, deserving of respect and ethical treatment.

Benchmarking

In a search for excellence, taking the absolute best as a standard and trying to surpass it; objectively evaluating what an organization does compared with what its best competitors do and then taking steps to meet or exceed that high standard. Fundamental benchmark measures are product quality (what is produced) and service quality (how one deals with customers).