What are the factors in a market that give businesses the least and greatest amount of control over prices they can charge?

What will be an ideal response?

Answer: When there are few competitors and large differences in products/services you'll have greater control. Then when there are a lot of competitors but few differences/greater similarities in products/services you'd have less control.

Business

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An HR professional can be an effective talent manager or organizational designer only when he has the knowledge of how the organization is structured and how that structure might be adjusted to help it meet its goals for developing and using employees' talents.

a. true b. false

Business

Which of the following is most likely to be a part of customer relationship management (CRM)?

A) a team building activity within the organization B) a training related to a new technology used in the organization for product development C) an annual audit conducted in the company D) maintaining telephone call centers for contact management

Business