12 Questions
What is the main responsibility of an Operations Manager?
Improving quality, productivity, and efficiency
According to Claessens, how are products defined?
Anything offered to a market for attention or consumption
In terms of durability assessment, why is it easier to evaluate a tangible product compared to a service?
Tangible products are countable and visible
What is the key difference between a product and a service?
Products result in ownership, services do not
What is a service based on the information provided?
An intangible item arising from individual outputs
How can a consumer assess the quality of a service based on the text?
By reading online reviews and inspector credentials
What is the primary responsibility of a Chief Executive Officer (CEO)?
Making major corporate decisions and managing overall operations
Which of the following best describes the role of a Chief Operating Officer (COO)?
Overseeing the day-to-day administrative and operational functions
What is the primary responsibility of an Advertising Sales Agent?
Selling advertising space to businesses and individuals
Which of the following is NOT a typical step in conducting a market analysis?
Developing marketing campaigns and strategies
What is the primary responsibility of a Project Manager?
Leading a project from its inception to execution
Which of the following is NOT typically a responsibility of a Chief Operating Officer (COO)?
Acting as the public face of the company
Test your knowledge on how to conduct a market analysis and learn about proper career titles in the 21st-century enterprise. Explore key steps in market analysis and roles like Chief Executive Officer (CEO) in modern businesses.
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