When Marketers Use the S

question 102

Multiple Choice

When marketers use the S.A.V.E.approach, the focus is switched from price to which of the following?

• A)access
• B)solution
• C)value
• D)education

Acknowledge the role and impact of electronic human resource management systems.

Comprehend the changing nature of the psychological contract between employers and employees.

Understand the implications of globalization and technology on workforce management and job security.

Recognize the strategies for quality management and continuous improvement within organizations.

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Definitions:

Third-Party Payors

Entities (usually insurance companies or government programs) that pay for healthcare services on behalf of patients, rather than direct payments by patients.

Sterling Foundation

An organization or entity established for the purpose of managing assets or funds for charitable, educational, or similar goals.

Program Service Expenses

Costs directly incurred in carrying out the operational activities aligned with the mission of a non-profit or governmental organization.

Supporting Service Expenses

Costs incurred by a business or organization for activities that aid the operation but do not directly contribute to the main business activity.