Determining the Most Profitable Businesses and Customers and Focusing on Them

question 149

Multiple Choice

Determining the most profitable businesses and customers and focusing on them is called

• A) flattening.
• B) empowering.
• C) focusing.
• D) outsourcing.
• E) merging.

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Definitions:

Organization

A structured group of people who work together to achieve a specific purpose or set of goals, such as a business, government, or charity.

Labour Planning

A means of determining staffing policies dealing with employment stability, work schedules, and work rules.

Employment Stability

The reliability of job security within an organization, contributing to the long-term retention of employees.

Physical Environment

Refers to all the physical and natural surroundings in which an organization operates, including both workplace conditions and external environmental factors.