An Organization Wants to Improve Its Competitive Cost Structure and the Ability

question 36

Multiple Choice

An organization wants to improve its competitive cost structure and the ability to offer more competitive prices. Which of the following actions is certain to help them achieve this goal?

• A) Hire more employees in order to produce more of the product or service.
• B) Increase the quality of the products by using high-quality raw materials.
• C) Improve the productivity of the employees of the organization.
• D) Use premium pricing strategies to create a strategic brand positioning.
• E) Increase the sales and marketing budgets.

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Definitions:

Functionalism

A theory in psychology that emphasizes the purpose and practical function of mental processes in adapting to the environment.

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud, focusing on unconscious motivations and conflicts.

Introspection

A method of self-observation in which individuals examine and report their own thoughts, feelings, or sensations.

Behaviourism

A theory of learning which states that all behaviors are acquired through conditioning, emphasizing the importance of environmental factors.