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Lapatulllka [165]
3 years ago
5

Explain how test-marketing can increase profits.

Business
1 answer:
kirill [66]3 years ago
7 0

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

You might be interested in
By definition, employee engagement encompasses which of the following dimensions?
Mariulka [41]

Answer:

a, motivational

b, emotional

c, Rational

Explanation:

Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).

Employee engagement could be mistaken for employee satisfaction but they are not related.

5 0
3 years ago
Which of the following statements is false regarding audit reporting?
Mnenie [13.5K]

Answer:

None      

Explanation:

In simple words, audit reporting or auditing refers to the process under which an independent third part, licensed by the regulatory body, examines the financial statements of an organisation to check if such statements depicts fair information and are made as per the regulatory standards.

The auditor if satisfied gives the positive assurance and if not then he or she can ask for further information or can directly report the statements to the regulatory bodies.

8 0
3 years ago
Among the following, who is not a Management expert? Peter F. Drucker Mc Kinsey Albert Grahmbell Elton Mayo
monitta

Answer:

Elton mayo should be the answer

7 0
3 years ago
In what category is the purchase of a computer by a person for household use in national income accounting, that is, in how we c
Nataliya [291]

Answer:

is counted in C, personal consumption

Explanation:

GDP = Consumption spending + Investment spending + Government Spending + Net Export

Consumption spending is all spending by households on services and goods which could be either durable or non durable goods.

Investment is spending by businesses.

I hope my answer helps you

6 0
3 years ago
One of the difficult issues the organization may run into if it chooses a(n) ______ recruiting option is the presence of a bona
Vladimir [108]

Answer:Internal

Explanation:Internal recruitment is the process through which Organisations employ their staff through sources or persons within an organisation, it considers internal factors such as performance and number of years worked etc.

MOST INTERNAL RECRUITMENT OPTIONS ARE GREATLY INFLUENCED BY SENIORITY SYSTEM AS THE MOST SENIOR PERSONNEL EXPECTS TO BE GIVEN THE CHANCE TO FILL VACANT POSITIONS WITHIN THE ORGANISATION.

3 0
3 years ago
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