Which of the Following Is NOT a Major Approach Used

question 85

Multiple Choice

Which of the following is NOT a major approach used by established companies to achieve long-term revenues and profits?

• A)developing and expanding new-product niches to reach current customers
• B)emphasizing sales volume over profits
• C)emphasizing short-term market share rather than profitability
• D)consumer tracking and analysis based on a consumer's value to the company
• E)protracted cost-cutting measures

Comprehend the basis and effects of norms on individual and group behavior.

Identify factors that affect group communication and cohesiveness.

Distinguish between additive, disjunctive, and conjunctive tasks within group settings.

Recognize different types of role conflicts and ambiguity, and their implications on employee behavior.

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Definitions:

Interests

The desires, concerns, or needs that motivate individuals in decision-making or negotiation.

Ownership

The legal right or state of having full control and possession over property, assets, or an entity.

Ethics Competency

The ability to recognize ethical issues, make reasoned ethical judgments, and implement decisions in a manner consistent with established ethical standards.

Stakeholder Ethics

The principles and standards that guide how a business should act towards its stakeholders to be considered ethical.