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C201 - Business Acumen LATEST TEST WITH VERRIFFIED ANSWERS 2025

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C201 - Business Acumen LATEST TEST WITH VERRIFFIED ANSWERS 2025

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C201 - Business Acumen
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C201 - Business Acumen
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C201 - Business Acumen

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Uploaded on
March 18, 2025
Number of pages
24
Written in
2024/2025
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C201 - Business Acumen
LATEST TEST WITH
VERRIFFIED ANSWERS
2025

,Which part of the organizing process aids in effective and efficient progress toward
planned goals and often results in changes within the organization? - VERRIFIED
ANSWERS✔️✔️--Evaluating results


What is the result of a company increasing the delegation of authority and the span of
control? - VERRIFIED ANSWERS✔️✔️--Increased decision-making authority given to
employees


Which two key elements does an effective organization include?


Choose 2 answers - VERRIFIED ANSWERS✔️✔️--Human interaction
Structure


Why does a line organizational structure function most effectively in a crisis situation? -
VERRIFIED ANSWERS✔️✔️--It establishes a direct flow of authority.


A company might divide itself into smaller groups that best match the types of
customers it serves. What is this is an example of? - VERRIFIED ANSWERS✔️✔️--
Departmentalization

, Which primary driver does management use for an organization's structure? -
VERRIFIED ANSWERS✔️✔️--Achievement of company goals


Which step in the organizing process results in management grouping work activities
into units within the organization? - VERRIFIED ANSWERS✔️✔️--
Departmentalization


A high-tech startup company is launching a marketing campaign for its new social
media portal by highlighting how the portal exceeds the connectivity and collaboration
capabilities of all other social media sites.


Which type of competitive advantage is this company leveraging? - VERRIFIED
ANSWERS✔️✔️--Product


Which marketing strategy is devoted to maintaining continuous bottom line prices rather
than relying on short-term price-cutting tactics such as cents-off coupons, rebates, and
special sales? - VERRIFIED ANSWERS✔️✔️--Everyday low pricing


When would a pull promotional strategy enhance a competitive advantage to market a
product better than a push strategy? - VERRIFIED ANSWERS✔️✔️--When demand
for the product is driven by the end user.


Which marketing tool is often used to build effective relationship marketing campaigns?
- VERRIFIED ANSWERS✔️✔️--Affinity programs


Which element of the promotional mix has the advantage of messaging that can be
tailored for each customer, but the disadvantage of a high cost per contact? -
VERRIFIED ANSWERS✔️✔️--Personal selling


What three factors should be addressed in a successful marketing plan?

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