Many Products, Such as Candy, Soft Drinks, and Gum, Are

question 13

Multiple Choice

Many products, such as candy, soft drinks, and gum, are sold via intensive distribution. However, this strategy has a major drawback. What is it?

• A) It maximizes profit margin rather than sales volume.
• B) It encourages customers to shop around for the lowest price.
• C) It promotes a very high degree of brand switching.
• D) The manufacturer must give up a good degree of control over pricing and product display.
• E) It gives customers fewer opportunities to find the product.

Understand the significance of aligning training plans with business strategy and stakeholder involvement.

Identify the drawbacks and limitations of task analysis and how they can impact training effectiveness.

Appreciate the importance of a comprehensive approach in collecting data for needs analysis.

Understand the role of person analysis in identifying training needs.

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Definitions:

Nonnegotiable Document

A legal document that cannot be transferred or assigned to another party through endorsement or delivery.

Good-faith Purchaser

An individual who buys property without knowledge of any existing claims or faults of the property, thereby gaining full legal rights.

Fair Market Value

The price at which an asset would trade in a competitive auction setting, reflecting its true economic worth.

Voidable

A legal status referring to a transaction or contract that may be rescinded or nullified at the discretion of one party due to certain defects or circumstances.