When Measured by Either the Number of People Employed or Expenses

question 45

True/False

When measured by either the number of people employed or expenses as a percentage of sales,personal selling is often the major promotional method used by American businesses.

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Definitions:

Job Enrichment

Strategies to improve job satisfaction by adding more meaningful tasks, granting more control, and offering feedback to increase an employee's responsibility and growth.

Scanlon Plan

A type of employee incentive plan that focuses on sharing the cost savings or productivity gains with the workers.

Psychological Ownership

The feeling of possessorship and of being psychologically tied to an object, job, or workplace, which can influence attitudes and behaviors.

Legal Ownership

The official right to possess or use property based on a legal framework which recognizes one's claim to the asset.