Prisly Inc

question 32

Multiple Choice

Prisly Inc.is a multinational company that specializes in manufacturing and selling high-end cars.It launches a new car,the Gwen 2.0,that becomes highly successful in the market because of its economical price and excellent features.However,this leads to a significant decline in the sales of Prisly Inc.'s other cars.This scenario exemplifies _____.

• A) segmentation
• B) differentiation
• C) cannibalization
• D) personalization

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Definitions:

Performance Goals

Specific, measurable objectives set to evaluate the effectiveness of employees or company processes.

Incentive Plans

Programs designed by employers to motivate and reward employees for exceeding work performance goals.

Performance Standards

The established expectations, metrics, or benchmarks used to measure and assess an individual's or organization’s performance in specific areas.

Organizational Performance

The measurement of an organization's efficiency, effectiveness, and ability to meet its goals.