When Employees Can Adjust Their Daily Starting and Quitting Times

question 121

Multiple Choice

When employees can adjust their daily starting and quitting times, provided they work a certain number of hours per day or week, their work schedule is known as

• A)a compressed workweek.
• B)an enriched workweek.
• C)a flextime arrangement.
• D)an adaptable schedule.

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Definitions:

Market Development Strategy

A growth strategy that employs the existing marketing offering to reach new market segments, whether domestic or international.

Competitive Advantage

The edge a business has over its competitors, allowing it to generate greater sales or margins and/or retain more customers.

Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors.

Targeting

The process of identifying and directing marketing efforts at a specific segment of the market that is most likely to purchase a product or service.