According to the Practical Rule,a Managerial Decision That the Manager

question 10

Multiple Choice

According to the practical rule,a managerial decision that the manager has no hesitation or reluctance about communicating to people outside the company is called a(n) :

• A)Moral scruple
• B)Popular decision
• C)Socially responsible decision
• D)Social audit
• E)Ethical decision

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Definitions:

Staircase Analysis

A method used to analyze and visualize the incremental steps or stages in a process or development.

Future Sales Volume

An estimation of the quantity of goods or services that a company expects to sell in a future period.

Marketing Mix

The mix of elements a company can manage to encourage consumers to buy its offerings, commonly recognized as the 4Ps: product, price, place, and promotion.

Market Forecast

The projection or estimation of future market trends, sizes, and characteristics based on current and historical data.