Which of the Following Clarify Structure and Show Employees Where

question 117

Multiple Choice

Which of the following clarify structure and show employees where they fit into a firm's operations?

• A) departmentalization
• B) delegation
• C) organization charts
• D) mission statement

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Definitions:

Word-Of-Mouth-Communication

The informal exchange of information, opinions, or recommendations about products or services between individuals, without paid advertising.

Customer Lifetime Value

The total worth to a business of a customer over the whole period of their relationship, estimating the net profit attributed to the entire future relationship with a customer.

Cannibalization

A situation in which a new product or service significantly reduces the sales or market share of an existing product or service offered by the same company.

Co-Branding

A marketing partnership between at least two different brands of goods or services to leverage the strength of each brand.