A Manager in Charge of New Product Development Can Hire

question 12

Multiple Choice

A manager in charge of new product development can hire engineers and market researchers.The annual salary of an engineer is $30,000 and that of a market researcher is $20,000.The marginal contribution of engineers and market researchers are Given the above information,if the manager currently has two engineers and one market researcher,what must be true?

• A)He is making the correct decision because .
• B)He is not making the correct decision because .
• C)Fewer new products will be developed if he hires fewer engineers and more market researchers.
• D)More new products will be developed if he hires fewer engineers and more market researchers.

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Definitions:

Education Sessions

Organized opportunities for learning and development, typically structured around specific topics or skills.

Get More Out

encourages maximizing benefits or outcomes from a given situation, resource, or effort.

Engagements

Interactions and forms of participation between a brand and its audience or stakeholders, often measured to assess the effectiveness of marketing efforts.

Humorous Advertising

A marketing strategy that employs comedy or wit to engage audiences and create memorable messages about a product or service.