Consumers Can Use a National Company Called Service Magic to Receive

question 64

Multiple Choice

Consumers can use a national company called Service Magic to receive bids from quality providers of a variety of services, including home remodel, landscaping, plumbing, and housecleaning.Service Magic charges service providers for the leads it provides to them monthly.Which of the following is the source of Service Magic's strategic position?

• A)Low-profit margin and many customers.
• B)Broad needs and few customers.
• C)Broad needs and many customers.
• D)High-profit margin and many customers.
• E)High-profit margin and few customers.

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Definitions:

Integrated Model

A comprehensive framework that combines various theories or components into a cohesive whole.

Work Motivation

The internal force that drives individuals to achieve work-related goals and perform tasks effectively.

Frederick Herzberg

An American psychologist known for introducing the two-factor theory of motivation, emphasizing the role of motivator and hygiene factors in job satisfaction.

Job Enrichment

A job design technique that is aimed at increasing employee satisfaction by adding more meaningful tasks and giving them more control over their work.