Profitable Revenue Streams Are More Likely to Be Profitable When

question 63

Multiple Choice

Profitable revenue streams are more likely to be profitable when long-term customers are involved.Which of the following is not a significant value in assessing this?

• A)High marketing expenses are required to obtain new customers
• B)High administration expenses are needed to enter a new customer
• C)Servicing costs are relatively low
• D)There are reasonable margins on sales
• E)None of the above

Understand the difference between role strain and role conflict.

Grasp the concept of total institutions and their characteristics.

Comprehend major influences on the developing self, including the nature vs. nurture debate.

Identify the characteristics of bureaucracies as formal organizational models.

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Definitions:

Management

The process of planning, organizing, leading, and controlling resources within an organization to achieve its goals efficiently and effectively.

Organizational Setting

The physical and social environment in which an organization operates, including its culture, structure, and external environment.

Educational Process

The systematic series of steps or actions involved in acquiring knowledge or skills through study, experience, or teaching.

Discipline

The practice of training people to obey rules or a code of behavior, using punishment to correct disobedience within organizations.