Sally Works at a Regional Department Store

question 89

Multiple Choice

Sally works at a regional department store. Due to her artistic skills, she is responsible for creating floor and window displays. This is all she does at the store. This is an example of:

• A) centralization
• B) unity of tasks
• C) specialization
• D) decentralization
• E) authority

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Definitions:

Market Segmentation

The process of dividing a target market into smaller, clearly identified segments based on characteristics like needs, interests, or behavior.

Accordion Concerts

Live musical performances featuring the accordion, a portable keyboard instrument with bellows and sometimes buttons or keys.

Market Segmentation

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.

Marginal Cost

The cost of producing one additional unit of a good or service, calculated by the change in total cost that arises from an extra unit of output.