Department Heads at St

question 110

Multiple Choice

Department heads at St. Claire Machine Works, a $5 million metal fabricating company with operations in four states, are meeting to determine both the management responsibilities that they share in common and those that differ according to different functions. They all set goals, allocate resources, motivate employees, and compare results with original goals. Marketing oversees sales and advertising, while production handles purchasing, engineering, and fabrication. Finance oversees accounting, raising capital, and paying/collecting bills.
-Each department _____ its work.

• A)outsources
• B)organizes
• C)audits
• D)advertises

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Definitions:

Off-Price Retailing

A retail strategy involving selling branded goods at lower than the normal retail price typically due to overstock or discontinued lines.

Outlet Stores

Retail stores that sell products directly from manufacturers at discounted prices, often offering overstocked items, seconds, or end-of-season goods.

Discount Retailers

Retail stores that offer products at lower prices than those of competitors, typically by selling items in bulk or with minimal services.

Supercenters

Large retail establishments that combine groceries and general merchandise goods under one roof, catering to a wide range of consumer needs.