According to a Poll of Almost 7 000 Employees Discussed

question 1

Multiple Choice

According to a poll of almost 7 000 employees discussed in the text,what personal strategy would the majority of individuals implement if they heard that their company was planning layoffs?

• A) visit a lawyer and be aware of their legal rights
• B) search for a new job before the layoffs occur
• C) make sure that they remain invisible to the managers
• D) spend more time at the office and less with family

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Definitions:

Product Design

The process of creating and developing a new product to be offered to the market, involving concept generation, design, testing, and manufacturing.

Market-oriented

A business approach focusing on identifying and meeting the desires and needs of customers through the product mix.

Buying Options

Choices available to consumers regarding the types of products or services they can purchase, including different models, features, and payment plans.

Customer Data

Information about customers that companies collect, analyze, and store to understand their needs, behaviors, and preferences for strategic purposes.