Which of the Following Is True of Broad Bands

question 95

Multiple Choice

Which of the following is true of broad bands?

• A)More the use of broad brands, the lesser is the use of delayering in a firm.
• B)More the use of broad brands, the lesser is the opportunity for promotions.
• C)Broad bands with greater range spread lead to weaker budgetary control.
• D)Broad bands with greater range spread give rise to lower labor costs.
• E)Broad bands with smaller range spread permit managers to recognize high performance with high pay.

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price within a specific time period.

Equilibrium Prices

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, leading to a stable market condition where there is no tendency for change.

Seating Capacity

The number of people who can be accommodated in a space, such as a vehicle, room, or venue, based on the available seats.