Examlex

Solved

How Can PR Professionals Be Useful to Reporters and Form

question 61

Multiple Choice

How can PR professionals be useful to reporters and form a strong relationship?

Allocate support department expenses to divisions based on proportional metrics.
Calculate the increase in operating income from internal transfers and negotiate transfer prices.
Identify the most profitable divisions using various profitability metrics.
Compute minimum acceptable return on investment.

Definitions:

Economics

The efficient allocation of the scarce means of production toward the satisfaction of human wants.

Input

Resources used in the production process, including labor, materials, machinery, and other factors of production.

Demand

The volume of goods or services that individuals are prepared and financially able to acquire at varying price points during a certain time span.

Perfectly Competitive Labor Market

A theoretical market where numerous employers and employees interact, with no single entity able to influence wages or working conditions.

Related Questions