An Action Item List Refers to an Aid to Implement

question 212

Multiple Choice

An action item list refers to an aid to implement a marketing plan that consists of four columns: (1) the task; (2) __________; (3) the date to finish the task;and (4) what is to be delivered.

• A)the budget
• B)the product or service
• C)the points of difference
• D)the promotional message
• E)the person responsible for completing the task

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Definitions:

Wage Rate

The fixed amount of compensation paid to an employee for their services.

Workers

Individuals engaged in any form of employment, contributing labor to produce goods or provide services.

Marginal Productivity Theory

A principle in economics that explains how the value of an economic input is determined by its marginal productivity, suggesting that factors of production are paid at rates equal to their productivity at the margin.

Labor-Demand Schedule

A representation of the quantity of labor that employers are willing to hire at different wage rates.