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C201BusinessAcumen 1.Whichpartoftheorganizingprocessaidsineffectiveandefficientprogresstoward plannedgoalsandoftenresultsinchangeswithintheorganization?- ANSEvaluatingresults 2.Whatistheresultofacompanyincreasingthedelegationofauthorityandthespanof control?ANSIncreasednumberofdirectreportspermanager 3.Whichtwokeyelementsdoesaneffectiveorganizationinclude?ANSHumaninteraction,structure 4.Whydoesalineorganizationalstructurefunctionmosteffectivelyinacrisissituation?ANSItestablishedadirectflowofauthority 5.Numberthesevenstepsintherecruitingandinterviewingprocessfromfirsttolast.ANS1)Definejobrequirements,2)Contactandvisitcollegesforapplicants/in-terns,3) Conductemploymenttests,4)Reviewresumes,5)Conductcandidateinterviews,6)Followup C201 Business Acumen.pdffile:///C:/Users/HP/Desktop/New%20Conver/C201%20Business%20...
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interviews,7)Hiringdetermination 6.Whichprimarydriverdoesmanagementuseforanorganization'sstruc-ture?ANSAchievementofcompanygoals 7.Whichstepintheorganizingprocessresultsinmanagementgroupworkactivities intounitswithintheorganization?ANSDepartmentalization 8.Ahightechstartupcompanyislaunchingamarketingcampaignforitsnewsocialmedia portalbyhighlightinghowtheportalexceedstheconnectivityandcollaboration capabilitiesofallothersocialmediasits.Whichtypeofcompetitiveadvantageisthis companyleveraging?ANSCustomerloyalty 9.Whichmarketingstrategyisdevotedtomaintainingcontinuousbottomlineprices thanrelyingonshorttermpricecuttingtacticssuchascentsoffcoupons,rebates,and specialsales?ANSEverydaylowpricing
- Whenwouldapullpromotionalstrategyenhanceacompetitiveadvantagetomarketa
productbetterthanapushstrategy?ANSWhendemandfortheproductisdrivenbytheenduser C201 Business Acumen.pdffile:///C:/Users/HP/Desktop/New%20Conver/C201%20Business%20...
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- Whichmarketingtoolisessentialtobuildinganeffectiverelationshipmarketing
- Whichelementofthepromotionalmixhastheadvantageofmessagingthatcanbe
- Whatthreefactorsshouldbeaddressedinasuccessfulmarketingplan?Choose3
- Whichthreecharacteristicsaremeasuredindemographicsegmentation?Choose3
- Inwhichthreewaysdoesbusiness-buyingbehaviordifferfromcon-sumer-buying
campaign?ANSAnaffinityprogram
tailoredforeachcustomer,butthedisadvantageofahighcostpercontact?ANSPersonalSelling
answers.ANSTargetMarket,Salesrevenuegoals,Planimplementationtimeline(notonlist,marketing budget)
answers ANSRaceandethnicity,Income,Householdsize
behavior?Choose3answers ANSBuyersfaceorganizationalinflu- C201 Business Acumen.pdffile:///C:/Users/HP/Desktop/New%20Conver/C201%20Business%20...
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encesinadditiontotheirownpreferences,purchasersofteninviteselectedproviderstobidona purchase,agrouporcommitteeoftenmakesdecisions
- Whichthreeconditions,inaglobalsellingenvironment,shouldasmallcompany
- Withwhichtwotypesofproductsdoesamarketingstrategyrelyonadver-tisingmore
- Afteryearsofmarketingabodylotion,acosmeticscompanybeginspro-motingthe
- Whatarethreewaysthataneffectivebrandnamecaninfluenceconsumerproduct
- Acustomerhaspurchasedaproducttwiceandintendstodosoagain.Whichstage
leveragetocreateacompetitiveadvantage?Choose3answers ANScul-turalhomogeneity,mobilityoflabor,locallaborcosts
thanpersonalselling?Choose2answers.ANSConsumablesupplies,accessoriestoprimaryproducts
lotionasanthelotionasaninsectrepellentaswell.Inwhichthreeproductlifecycle extensionstrategiesdidthiscompanyengage?Choose3answers ANSAddingnewusers,findingnewusesfortheproduct,increasingfrequencyofuse.
recognition?Choose3answers ANSItconveysanimage,itdepictstrade-markprotection,itreflectsbrandequity.
ofbrandloyaltyisthiscustomerin? C201 Business Acumen.pdffile:///C:/Users/HP/Desktop/New%20Conver/C201%20Business%20...
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