Consumers May Infer That a Luxury Watch Is Classy Because

question 63

True/False

Consumers may infer that a luxury watch is classy because it is shown with other classy things.

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Definitions:

Organisation Development

A planned, organization-wide effort to increase an organization's effectiveness and viability.

Interventions

Actions taken to improve a situation or address a problem.

Effectiveness

The degree to which something is successful in producing a desired result or outcome, often measured against predetermined objectives.

Organisational Development

A planned, systematic process aimed at increasing an organization's effectiveness and health through interventions in its processes, structures, and culture.