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cluponka [151]
3 years ago
13

Dane works as a sales representative for the Better Butter Company. He is about to meet with his manager to review his progress

toward meeting the sales objectives they agreed to at the beginning of the year. Dane likes the fact that managers at Better Butter listen to their subordinates' ideas and get everyone involved in setting goals and objectives. Dane's experience suggests that Better Butter is utilizing:
A. scientific management.
B.management by objectives (MBO).
C. the program evaluation and review technique (PERT).
D. programmed management.
Business
2 answers:
vazorg [7]3 years ago
5 0

Answer: The answer is B.

Explanation: Management by objectives (MBO) is a strategic management model or a personnel management technique which aims to improve the performance of an organization by clearly outlining the objectives which are agreed to by both the management and the employees.

According to this theory, for each member of the organization to have a say in goal setting and action to be taken will encourage participation and commitment among employees, as well as aligning with objectives stated by the organization.

serious [3.7K]3 years ago
3 0

Answer:

Management by objectives(MBO).

Explanation:

Management by objectives is a management model whose aim is to improve the performance of an organization by directing eack worker on things that should be done in the workplace. It helps the employees to understand their various duties and roles in the organization as it clearly defines the responsibility of each worker.

Management by objectives ensure proper communication between each and every one of the employees in the organization thereby leading to commited and inspired workers who are willing to work together for the success and growth of the company.

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Consider the market for gasoline. Suppose that a new oil-pump technology is developed, making gasoline production less costly. A
beks73 [17]

Answer:Decrease in supply.

Explanation: Supply is the amount of goods and services which an individual is willing and ready to purchase at a given price. The invention of a new technology which makes gasoline production less costly will lead to a decrease in price. Producers reduces supply when there's a decrease in price and increase supply when there's an increase in price. Also, the destruction of several oil fields means that there would be a reduction in the supply of oil in the economy. Since oil fields have been destroyed, it will have a negative effect on supply.

8 0
3 years ago
Suppose the cost of operating a 75 room hotel for a night is $6,000 and there are 5 empty rooms for tonight. If the marginal cos
Anit [1.1K]

Answer:

More than $40, as the marginal benefit will exceed the marginal cost.

Explanation:

A firm should continue to produce a good or service, to hire an additional worker, and to engage in any type of economic activity as long as the marginal benefit is higher than the marginal cost.

In this case, operating one room for the night costs $40. That is the marginal cost. What the customer pays for renting the room for the night is the marginal cost. Therefore, as long as the customer pays more than $40 for the night, the hotel should rent out the room, because the marginal benefit is higher than the marginal cost.

6 0
3 years ago
WILL AWARD BRAINLIEST
Hunter-Best [27]

Answer:

9. True

10. Lead generations

11. Sales pitch

12. qualifying leads

Explanation: Hope this helps! :) ~Zane

7 0
3 years ago
How can personal selling reduce the costs of promoting a product or service? By promoting a product to both qualified and nonqua
olga2289 [7]

Answer:

By adjusting the size of the sales force in one-person increments

Explanation:

Personal selling refers to the form of product promotion wherein the seller directly interacts with the prospect on one to one basis enumerating product attributes and different uses. Under it, the seller tries to persuade the buyer and tries to effect a sale.

The goal of personal selling is to build long term relationship with the buyer alongside customer satisfaction.

The size of the sales force determines the cost of the personal selling activity relating to promoting products and services. Greater the size of the sales force i.e number of personnel employed to cater to prospects in a particular region, greater will be the cost of promotion in the form of salary of those personnel coupled with commission and incenetives.

Under one person increment, the increement in salary of a sales person depends upon individually how much sales value has been effected by him or directly attributable to him. Adjusting sales force size in one person increments, thus reduces the cost of promotion.

8 0
3 years ago
Glamour Gal is a popular cosmetics company. Although it is gaining in popularity among younger women, its promotional strategy c
klemol [59]

Answer:

The answer is: B) False

Explanation:

By definition in a monopolistic competition, all the suppliers offer differentiated products from one another. Their cosmetic product s are already seen as different by the market (both customers and competitors) and no competitive substitute products are available. So the company should start focusing their promotional strategies more on its clients than on their products.

5 0
3 years ago
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