Two Key Elements of a Feasibility Study Are Assessing Competitors

question 4

Multiple Choice

Two key elements of a feasibility study are assessing competitors and researching _____________.

• A) availability of labour
• B) tax implications
• C) legality of the venture
• D) export logistics
• E) financing

Recognize the role of intrinsic and extrinsic motivation and their effects on employee behavior and performance.

Identify Maslow's hierarchy of needs and its application to employee motivation.

Understand the principles of equity theory and its application in the workplace.

Comprehend the components of VIE theory and its relevance to motivation.

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Definitions:

Selling

The process of promoting and transferring ownership of goods or services to customers.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of executive officers, legal and office supplies.

Budgeted Sales

The projected amount of sales, in units or dollars, a company expects to achieve in a specific period.

Beyond Budgeting

A management approach arguing that traditional budgeting processes are often inflexible and can hinder innovation, advocating for more adaptive and decentralized frameworks.