As Part of Instituting an Empowerment Program,what Should a Marketing

question 60

Multiple Choice

As part of instituting an empowerment program,what should a marketing director do?

• A) create a customer-service department and place a key staff person in charge of the department
• B) train the company's staff to judge of the quality of the products the firm produces
• C) allow all non-management employees to resolve problems on their own without prior approval from their immediate supervisors
• D) hire 30 new university graduates who have the latest training in marketing management techniques

Understand the role and challenges of human resource management in supporting organizational goals and innovation.

Identify the economic trends affecting businesses and employment in Canada.

Acknowledge the importance of digital information systems in effective knowledge management.

Understand the significance of human resource strategies in developing a culture of innovation.

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible fixed asset over its useful life, reflecting the asset's consumption or wear and tear.

Book Value

The net value of a company's assets minus its liabilities, often used to evaluate the worth of a company.

Constant Percentage

A method or rate that remains unchanged over a specified period or under certain conditions.

Capital Expenditure

Capital allocated by a business to purchase, improve, and sustain tangible assets like real estate, factories, or machinery.