Which of the Following Statements About Productivity Is (Are) True

question 23

Multiple Choice

Which of the following statements about productivity is (are) true?

• A) Increased productivity results in larger market share for the company and greater profits.
• B) Increased productivity in the United States reduces inflation.
• C) Increased productivity allows a company to pay better wages and invest in newer technology.
• D) All of the above are true.

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Definitions:

Segmentation, Targeting, And Positioning

A marketing strategy that involves dividing a broad market into subsets of consumers, determining which segment(s) to pursue, and implementing strategies to appeal to them.

Subcultures

Groups within a larger culture that exhibit distinct values, norms, and behaviors not shared by the broader society.

Joint Ventures

Business arrangements where two or more parties agree to pool their resources for a specific task, project, or business activity, sharing profits, risks, and control.

Limiting Outsiders' Control

A strategy employed by companies to prevent external parties from gaining too much influence or control over their operations, often through restructuring ownership or voting rights.