Competencies Are Sets of Skills, Knowledge, Abilities, and Personal Characteristics

question 89

True/False

Competencies are sets of skills, knowledge, abilities, and personal characteristics that enable employees to successfully perform their jobs.

Identify the logical product categories for brand extension.

Analyze the role of branding in product packaging and labeling.

Distinguish between brand repositioning and brand dilution.

Understand the strategic decisions involving product mix adjustments by universities and businesses.

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Definitions:

Constant Ratio

A strategy or measure that remains unchanged over a period of time, often used in financial contexts to describe stable investment proportions or fixed financial ratios.

Retained Earnings

Represents the portion of net income that is not distributed to shareholders but retained by the company for reinvestment in its operations or to pay debt.

Dividend Payout Ratio

The fraction of net income a firm pays to its shareholders as dividends, typically expressed as a percentage.

Profit Margin

A financial metric that measures the extent to which a company or a business activity makes money, expressed as a percentage of revenues.