Which of the Following Is an Accurate Statement Concerning Utilisation

question 128

Multiple Choice

Which of the following is an accurate statement concerning utilisation of different sources of information for performance measurement?

• A)Managers should use as many as three different methods when possible.
• B)Statistical reports are the single most effective method.
• C)It is not advised to utilise oral reports and personal observation as dual methods.
• D)In combination, personal observation and written reports are considered superior to other methods.
• E)Managers use a combination of approaches because it increases the probability of getting reliable information.

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Definitions:

Brand Equity

The value and strength of a brand that is determined by consumer perception, recognition, and loyalty.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.

Brands

Names, terms, designs, symbols, or any other features that identify one seller's goods or services as distinct from those of other sellers.

Benefit

Refers to the value or advantage that customers obtain from a product or service, which meets their needs or solves their problems.