The four ingredients common to MBO programs are goal specificity, participative decision making, an implicit time period, and performance feedback

Which of the following strategies should be adopted by marketers during a recession?

A) increase investment on marketing existing products B) focus on expanding the customer base and not on the retention of existing customers C) focus primarily on price reductions and discounts D) concentrate on communicating the brand value and product quality to consumers E) stick to the budget allocations adopted during the preceding years

Which term refers to the process of moving a worker to a lower level of duties and responsibilities with a reduction in pay?

A) transfer B) discipline C) demotion D) outplacement