In Predicting Demand for Specific Product Categories Over Time,the Usefulness

question 83

Multiple Choice

In predicting demand for specific product categories over time,the usefulness of the family life cycle has been limited because it failed to take into account all of the following,EXCEPT:

• A) changing roles of women.
• B) acceleration of alternative lifestyles.
• C) single-parent households.
• D) changes in demands placed on incomes.

---

Definitions:

Scanlon Plan

A type of gainsharing program that rewards employees for improvements in productivity and cost savings within a company.

Gainsharing Plan

An incentive strategy that rewards employees for contributing to the company's productivity improvements by sharing the resultant financial gains.

Profit-Sharing Plan

A company-wide program that provides employees with a share in the profits of the company, typically based on its quarterly or annual earnings.

Merit Pay

A pay system where employees are compensated based on their performance, as measured through appraisals or achievements, incentivizing higher productivity and excellence.