Market Tracking Is the Observation and Analysis of Trends in Industry

question 44

True/False

Market tracking is the observation and analysis of trends in industry volume and brand share over time.

---

Definitions:

Realistic Job Previews (RJPs)

A tool used by organizations to provide prospective employees with a truthful overview of what a job entails, including both positive and negative aspects.

Reality Shock

The feeling of surprise or dismay experienced when encountering situations that are starkly different from what was anticipated.

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society or social group.

Role Management

The process of effectively understanding and balancing the multiple roles an individual may have within different contexts.