Saying That a Market Segment Is "Substantial" Means That It

question 156

True/False

Saying that a market segment is "substantial" means that it contains customers from a variety of demographic variables.

Apply principles of self-regulation to increase the success of personal goal attainment.

Outline and analyze Maslow's hierarchy of needs and its significance in psychology.

Understand the various components and frameworks involved in creating and implementing an ethical program within an organization.

Recognize the distinct roles and responsibilities of different personnel in enforcing ethics standards, including the ethics officer's duties.

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Definitions:

Unity of Direction

A principle in management that suggests all parts of an organization should be aligned and moving towards the same objectives through coordinated efforts.

Henri Fayol

A French engineer and scholar who developed the general theory of business administration and is best known for his 14 principles of management.

Scalar Chain

A principle of organizational management that establishes a clear line of authority from the top ranks through to the bottom levels within an organization.

Scientific Management

Emphasises careful selection and training of workers, and supervisory support.