A Company's Ability to Quickly Introduce a New Service or Product

question 79

Multiple Choice

A company's ability to quickly introduce a new service or product would be best described as:

• A) volume flexibility.
• B) variety.
• C) consistent quality.
• D) development speed.

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Definitions:

Equity Theory

A psychological theory which proposes that employees are motivated when they perceive their treatment in the workplace as fair, especially in how rewards are distributed.

Fairplay Rule

An ethical guideline ensuring fairness and honesty in transactions and interactions, often in sports or business.

Core Principles

Core principles are fundamental beliefs or values that guide the behavior and practices of an individual or organization.

Detail Salesperson

A sales professional specialized in providing extensive and meticulous information about a product or service.