The Basic Philosophy of __________ Is That Organisation Members Should

question 70

Multiple Choice

The basic philosophy of __________ is that organisation members should never be satisfied with current performance.

• A) performance management
• B) continuous improvement
• C) performance appraisal
• D) supply chain analysis
• E) human resources management

Recognize factors influencing customer behavior and segmentation during different product life cycle stages.

Understand the role of price, promotion, and customer satisfaction in the product life cycle framework.

Identify tactics to delay commoditization and extend the product life cycle.

Understand the impact of the product life cycle on competition and profitability.

---

Definitions:

Phagocytes

Cells within the body capable of engulfing and absorbing bacteria and other small cells and particles.

Meninges

Three protective membranes that surround the brain and spinal cord.

Inflammation

The body's response to injury or infection, often causing redness, warmth, swelling, and pain.

Glial Cells

Non-neuronal cells in the central and peripheral nervous system that support and protect neurons.