Outplacement Services Are

question 4

Multiple Choice

Outplacement services are

• A)useful in attracting individuals to a career.
• B)designed to help terminated employees find a job elsewhere.
• C)rarely provided to executive employees.
• D)offered to employees who are constantly transferred to different locations.

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Definitions:

Nonprice Competition

Strategies used by companies to attract customers through methods other than lowering prices, such as quality improvement, service, or branding.

Product Differentiation

The practice of individualizing a product or service in the marketplace to make it more enticing to a targeted audience.

Monopolistically Competitive

Refers to a market structure where many firms sell similar but not identical products, allowing for some degree of market power and product differentiation.

Advertising

The action or profession of producing advertisements for commercial products or services.