Controlling Helps

question 104

Multiple Choice

Controlling helps

• A) monitor performance and implement necessary changes.
• B) create an organization chart by identifying business functions.
• C) establish reporting relationships.
• D) stimulate people to be high performers.
• E) determine department goals.

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Definitions:

Sales-oriented Era

A period in business history when companies prioritized selling their products and convincing consumers to buy, often regardless of actual customer need.

Market-oriented Era

A period in business characterized by firms prioritizing customer needs and desires, focusing on market research, and product development to meet those needs.

Value-based Marketing

A strategic approach that focuses on delivering products and services based on the perceived value to the customer rather than solely on price.

Retailing-oriented Era

A period in business history when the focus shifted towards strategies that prioritize selling goods directly to consumers through various retail channels.