Two Commonly Used Techniques to Aid Mangers with Important Decisions

question 28

Multiple Choice

Two commonly used techniques to aid mangers with important decisions for setting a direction and allocating resources include ________ and ________ analysis strategies.

• A)micromarketing;macromarketing
• B)business portfolio;diversification
• C)investment;divestment
• D)dashboards;metrics
• E)subjective;objective

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Definitions:

Simulated

Created to imitate the features of a real system, environment, or process for training, analysis, or research purposes.

Selection Techniques

Methods used by companies to identify and hire the most suitable candidates for a job position.

Physical Examination

A medical assessment typically involving a visual inspection, palpation, and other techniques to evaluate an individual's health.

Selection Process

The method by which individuals are screened and chosen to fill positions in organizations, often involving steps such as interviews and tests.