Business Partnerships and Marketing Flashcard

Front

Two types of business partnerships are general and

Back

limited

Front

If a business conducts a SWOT analysis to decide whether or not to expand, which of the following is categorized as a "T"?
- establishing a brand for the product
- redesigning of product by competition
- recalling of competitor's product
- pricing can be higher than competition

Back

redesigning of product by competition

Front

The planning, pricing, promoting, and distribution of goods and services is known as

Back

marketing

Front

The term for research to determine factors, conditions, and characteristics of a market is

Back

market analysis

Front

The best way to motivate workers to do a good job is to

Back

provide positive feedback to reinforce what they do correctly

Front

Motivational praise from an employer should be specific and

Back

work related

Front

When implementing newly defined goals, _____, prioritize the goals and break into smaller steps, and set deadlines for each step and goal.

Back

evaluate current status and compare to future goals

Front

One difference between strategic and tactical planning is that strategic planning tends to be

Back

longer term and more broadly defined

Front

To gain employee acceptance of new changes in an organization, the owner should provide adequate training and

Back

give advance notice of the new changes

Front

An employee that works a 40-hour work week has no vacation days left but would like to take the Friday off prior to a holiday break. One solution is for the employee to _____ the holiday break.

Back

work four 10-hours shifts prior to