Answer: C. Access the current reality
Explanation:Accessing the current reality of a market or product involves conducting certain benchmark activities in other to access or identify the challenges which may hinder the product or market from reaching the intended height. Current reality assessment is a fundamental step in making a product launch as a good reality assessment will pave the way to making success and generating the company's projected revenue from the product. It is an important aspect of the strategic management process as it projects the popularity of the intended product.
Answer: Channel stuffing
Explanation: In simple words, channel stuffing refers to the deceitful business practice by the organisations in which it shows wrong picture of its sales and earnings by sending more products to the distribution channel which they are able to send.
In the given case, Chantel has been sending their distributors more units than they asked for with the objective of inflating the sales number in the records.
Hence from the above we can conclude that the correct option is C.
Answer: Fall in revenue
Explanation:
A decrease in demand means a lower level of demand compare to the previous period. A price taking firm means that the firm cannot determine the price in the market. Profit maximising level of output means the output level that gives the highest profit.
A fall in demand without an increase in price at a profit maximising level of output will lead to a fall in revenue and profit all things being equal.
Answer:
A decision under uncertainty is a decisional problem.
Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a <u>contingency</u>.
According to the contingency theory of management, situational circumstances can have an impact on the relationships between dependent and independent variables at work, which will have an effect on employee behavior, effectiveness, and behavior at work in general. Also known as the situational approach to management, this idea.
It is crucial to take into account the particular contingency factors that apply to each business in order to assess organizational data effectively and increase employee engagement. A need for one component's operations that affects those of another subunit is known as a contingency.
The above question is incorrect, the correct question is:
Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _________.
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