Examlex

Solved

Which of the Following Is a Valid Statement?​

question 116

Multiple Choice

Which of the following is a valid statement?​

Appreciate the role of customer data management in direct marketing strategies.
Understand the objectives and tools of direct marketing strategies.
Identify the types and effectiveness of different direct marketing methods.
Describe the process of lead generation and its significance in direct marketing.

Definitions:

Reduction Strategy

A plan implemented to decrease the scale, scope, or operations of an organization, often as part of cost-cutting measures or organizational restructuring.

Stability Strategy

Essentially calls for maintaining the status quo. A company that adopts a stability strategy plans to stay in its current businesses and intends to manage them as they are already being managed. The organization’s goal is to protect itself from environmental threats. A stability strategy is frequently used after a period of retrenchment or after a period of rapid growth.

Diversification Strategy

A diversification strategy is used by companies that are adding new products, product lines, or businesses to their existing core products, product lines, or businesses.

Fleishman Job-Analysis

A systematic method for evaluating the skills, abilities, and knowledge required for specific jobs, developed by Edwin A. Fleishman.

Related Questions