As a Start-Up Company, You Need to Find Ways to Reduce

question 36

Multiple Choice

As a start-up company, you need to find ways to reduce costs. Which type of promotion is free?

• A) Coupons
• B) Gift certificates
• C) Free samples
• D) Publicity
• E) Contests

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Definitions:

Firm's Headquarters

The primary office or location where the central functions of an organization are coordinated and managed, often the base for executive decision-makers.

Continuous Improvement Approach

A long-term approach to work that systematically seeks to achieve incremental changes in order to improve efficiency and quality.

Team Effectiveness

A measure of a team's ability to achieve its goals and objectives, often influenced by factors like communication, leadership, and member roles.

Formal Retreat Approach

A strategic method where an organization steps back from its current operations to reassess goals, strategies, or processes in a structured setting.