Increasingly,companies Are Using ROI

question 58

Multiple Choice

Increasingly,companies are using ROI:

• A)to reallocate product development budgets
• B)to make budget cuts to marketing departments
• C)along with other measures like customer loyalty and retention rates
• D)as the sole measure of profitability of a product line
• E)in conjunction with ROAM to manage managers

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Definitions:

Long-term Plans

Strategic goals that an organization aims to achieve over an extended period, typically over several years, to ensure growth and sustainability.

Top-level Manager

Executives who are responsible for controlling and overseeing the entire organization.

Recall Notice

A notification issued by a manufacturer to inform consumers of a defect or safety concern with a product and to return, repair, or replace it.

Crisis Management

The process by which an organization deals with a disruptive and unexpected event that threatens to harm the entity or its stakeholders.