When Managers Use Information to Influence Behavior and Affect Operational

question 35

Multiple Choice

When managers use information to influence behavior and affect operational performance through greater efficiencies and effective decision making it is known as:

• A)knowledge sharing
• B)leading
• C)power
• D)control

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Definitions:

Product Invention

The creation of a completely new product that did not previously exist, often involving innovation and the development of new technologies or ideas.

Product Extension

The strategy of introducing additional versions of a product to the market, which may vary in size, flavor, or other characteristics.

Product Customization

The process of modifying or building a product according to the specific requirements or preferences of the customer.

Product Integration

A marketing strategy where products are placed into non-advertising content, such as TV shows or movies, in a way that promotes the product naturally within the storyline.