Standardizing the Operations Will Help an Organization in ________

question 90

Multiple Choice

Standardizing the operations will help an organization in ________.

• A) increasing the creativity of its employees
• B) keeping the costs low
• C) promoting mutual adjustment among different divisions
• D) personalizing its customer service

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Definitions:

Buyers and Sellers

Parties involved in the exchange of goods and services, where buyers provide compensation and sellers provide the goods or services.

Manufacturers' Agents

Independent sales agents who work on behalf of manufacturers to sell their products to wholesalers and retailers.

Noncompetitive

Refers to a situation or environment where there is little to no competition between businesses or individuals.

Exclusive Territory

A business agreement in which a franchisor grants a franchisee the sole right to sell or distribute products or services in a specified geographic area.