Which of the Following Is True of Procedures

question 68

Multiple Choice

Which of the following is true of procedures?

• A) They are broad guidelines for how to act that are flexible and open to interpretation.
• B) They free managers from making decisions about activities they carry out repeatedly.
• C) They are specific statements that serve as the basis for action plans and contingency plans.
• D) They do not spell out the steps that must be completed to achieve a specific purpose.

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Definitions:

Dealer Premiums

Incentives or rewards given to dealers or retailers to motivate them to push for higher sales of a particular product.

Knowledge Brokers

Individuals or entities that facilitate the transfer and sharing of knowledge between different groups or organizations.

Salespeople

Individuals who are responsible for selling products or services to customers.

Sellers

Individuals or entities engaged in offering goods or services to buyers in exchange for compensation.