One Purpose of Organizing Is To____________

question 106

Multiple Choice

One purpose of organizing is to____________.

• A) know what kinds of employees to hire in the future
• B) allow customers to know who to deal with in the organization
• C) establish relationships among employees, teams and departments
• D) ensure the best and most specific job descriptions for each position
• E) allow executives to better get to know their employees

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Definitions:

Pricing Objectives

The goals that a company aims to achieve through its pricing strategies, such as maximizing profit, increasing market share, or targeting a specific market segment.

Marketing Plans

Outlines that strategize the approach for promoting and selling products or services.

Profit Equation

A calculation that subtracts total expenses from total revenue, determining the financial gain of a business operation.

Total Revenue

The total income generated from the sale of goods or services by a business before any expenses are subtracted.