Firms That Develop a Stream of New Items That Differ

question 41

Multiple Choice

Firms that develop a stream of new items that differ very little from those now on the market, insert them into the market without great fanfare, watch which ones end users rebuy, and drop those that do not find favor are using the policy of _____.

• A) low-cost development and marketing
• B) forecasting and risk management
• C) approving situations, not numbers
• D) forecasting what is known

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Definitions:

Leadership Theories

Various conceptual frameworks and methodologies that aim to explain the complexities and effectiveness of leadership.

Subordinate

A person who is under the authority or control of another within an organization, typically referring to workers or employees.

Treat Followers

The manner in which a leader interacts with and regards their followers, affecting their motivation and performance.

LMX

Stands for Leader-Member Exchange, a theory emphasizing the quality of relationships between leaders and followers as central to leadership effectiveness.