Which of the Following Is the Reason Why Companies Are

question 124

Multiple Choice

Which of the following is the reason why companies are increasingly choosing to opt for an incentive-based system?

• A)to encourage agencies to use more mass-media advertising
• B)to encourage agencies to stop using network TV advertising
• C)to avoid the involvement of top management in the decision-making process
• D)to demand more accountability and pay the agencies based on their performance
• E)to encourage agencies to keep detailed records of the costs incurred while working with clients

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Definitions:

Productivity

A measure of efficiency that calculates the amount of output produced per unit of input, often used to gauge the effectiveness of labor, machinery, and processes.

Process Layout

An arrangement of production where workstations or departments are grouped by function to perform similar activities, optimizing for flexibility rather than efficiency.

Flexibility

The ability to adapt to new, different, or changing requirements, environments, or conditions in a responsive and effective manner.

Product Layout

A way to arrange a manufacturing business by placing equipment in an assembly line.