Jacob, a Marketing Manager, Is Determining If the Company Budget

question 26

Multiple Choice

Jacob, a marketing manager, is determining if the company budget allows for advertising a new product. Which criterion of decision making is he addressing?

• A)legality
• B)ethicality
• C)economic feasibility
• D)practicality
• E)product sustainability

Comprehend various behavioral finance concepts such as overconfidence, loss aversion, and mental accounting.

Identify and understand stock price levels including resistance and support.

Analyze the impact of investor psychology on market dynamics and stock prices.

Explain the principle of market indicators such as the confidence index, TRIN, and breadth.

---

Definitions:

Job Design

The process of organizing tasks, duties, and responsibilities into a productive unit of work to achieve certain objectives.

Job Purpose

The primary goal or objective of a job position, outlining the essential duties and the contribution to the organization.

Job Enlargement

An increase in the range of tasks and duties associated with a job

Merit Pay

Merit pay is a compensation approach where employee performance directly influences the amount of pay increase or bonus they receive, aiming to reward excellence and motivate higher performance.