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: 1) Hire experienced employees 2) Understand the marketplace and define clear KPIs 3) Organize your business plans
Explanation:
It's important for your employees to be qualified for their job, because their performance affects you the same way it would affect their paycheck
You have to understand the marketplace and what your competition is, so that you can do your best, understanding marketing trends and high demands
Being organized is very important, you need to set dates on your calender and take notes
I hope this helped :D
Answer:
Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.
Answer:
True
Explanation:
Stock ownership plans refer to those plans whereby the existing employees are provided with an opportunity to purchase the stocks of the company at a lower price than they are offered in the open market
Employee stock option plans are one of the stock ownership plans. The condition for availing such plans is usually the length of the service of the employees. The benefit is recorded as an employee compensation.
In the context of big organizations with innumerable employees, employees may not be able to identify themselves as significant and may consider those with major chunk of shareholdings as the ones whose actions affect the stock price.
This being merely an illusion since collective efforts of all the employees affect the company's stock price.
