Every Year,Johnson Technologies Hosts a Banquet During Which Employees Are

question 60

Multiple Choice

Every year,Johnson Technologies hosts a banquet during which employees are given various awards,such as "safest driver" and "branch employee of the year." What is Johnson Technologies most likely trying to accomplish with this activity?

• A) demonstrate ethical behavior
• B) implement employee benefits
• C) improve employee relations
• D) gather organizational feedback

Comprehend how marketing creates various forms of utility (form, place, time, possession) and its impact on consumer value.

Identify the role of effective marketing in enhancing competition and thereby benefitting society through improved product quality and lower prices.

Grasp the definitions and differences of the utilities created by marketing.

Recognize examples of form, place, time, and possession utilities in practical marketing scenarios.

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Definitions:

Tax Revenues

The income that is collected by governments through taxation.

Progressive Tax

A tax in which the average tax rate rises with income. People with higher incomes will pay a higher percentage of their income in taxes.

Proportional Tax

A tax in which the average tax rate is the same at all income levels. Everyone pays the same percentage of income in taxes.

Regressive Tax

A tax in which the average tax rate falls with income. People with higher incomes will pay a lower percentage of their income in taxes.