An Important Advantage of Personal Selling Is That It Gives

question 128

True/False

An important advantage of personal selling is that it gives the customer the opportunity to try a product before making a purchase.

Comprehend the concepts of insourcing, outsourcing, offshoring, and their strategic importance.

Recognize how global procurement and sourcing decisions affect a company's operational costs and competitiveness.

Understand the role of logistics and production systems in enhancing service delivery and hospitality management.

Identify risks associated with outsourcing and strategies for risk management.

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Definitions:

Supervision

The act of overseeing or managing people or activities to ensure that tasks or operations are carried out effectively.

Organizational Restructuring

The process of changing the structure, operations, or strategies of an organization to improve efficiency, effectiveness, or adapt to new conditions.

Decentralization

The distribution of power across all levels of the organization.

Downsizing

The process of reducing the number of employees in an organization, often to cut costs or improve efficiency.