Royal Dutch/Shell Group Formed a Team to Improve Revenues for Its

question 29

Multiple Choice

Royal Dutch/Shell Group formed a team to improve revenues for its service stations along major highways in Malaysia.This team,which included a service station dealer,a union truck driver and four or five marketing executives,disbanded after it had reviewed the Malaysian service stations and submitted a business plan.The Malaysian group is called:

• A)a friendship group.
• B)a commuter group.
• C)an informal group.
• D)a community of practice.
• E)a task force.

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Definitions:

Saving

The process of setting aside a portion of current income for future use, typically to hedge against unexpected expenses, achieve financial goals, or secure a retirement.

APS

Stands for "Automatic Processing System," but in different contexts, it could refer to various specific systems or technologies.

Total Saving

The portion of total income that is not consumed or spent, instead being reserved for future use or investment.

Induced Consumption

Consumer spending that increases when income increases, and decreases when income decreases, not including autonomous consumption that doesn’t change with income.