What Are the Two Ways in Which a Company Can

question 3

Multiple Choice

What are the two ways in which a company can obtain new products?

• A)rebranding and brand management
• B)internal development and product audits
• C)new-product development and acquisition
• D)market development and product extension
• E)market mix modification and integrated marketing

Analyze the dynamics of power within an organization through real-world scenarios and understand how specific situations grant power to certain roles.

Understand different tactics that can be used to generate commitment in organizational settings.

Appreciate the importance of coping with uncertainty as a source of power within organizations.

Understand the basic components and importance of effective communication in organizations.

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Definitions:

High Goals

Ambitious or challenging objectives set by individuals aiming to achieve significant success or fulfillment.

Work Goals

Objectives or aims related to one's career or job, often focused on achieving certain milestones or accomplishments.

Big Five

A model in psychology that identifies five primary dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics that describe an individual's behavior.