The Continual Process by Which Managers Actively Encourage,stimulate and Support

question 61

Multiple Choice

The continual process by which managers actively encourage,stimulate and support employee commitment to the company,the company's goods and services and the company's customers is known as:

• A) customer satisfaction measurement.
• B) assurance.
• C) internal marketing.
• D) responsiveness.

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Definitions:

Percentage Depletion

A tax deduction method applicable to natural resources extraction, calculating the deduction as a percentage of the gross income generated from the resource.

MACRS

The Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes allowing for faster recovery of assets' costs to stimulate investment.

Straight-Line Depreciation

An approach to spreading the expense of a tangible asset across its lifespan in uniform yearly sums.

Income Taxes

Taxes levied by governments on the income generated by businesses or individuals within their jurisdiction.