Question: 1
TheFinanceDirector has been asked to produce a cost saving plan for the organisation which is to come into effect immediately. His initial suggestion to enable quick savings is to cut the staff development and training budget by 50%. Before he publishes the plan he has asked you to review it and let him knowwhat the effect of this may be in the short term.
Select ALL that apply.
Question: 2
CompanyXYZhas just launched an innovative technology device, designed to appeal to those consumers who want to be seen with the latest products. Which of the following pricing strategies would bemostsuitable at the time of the product's launch?
Question: 3
M works for an organisation thatadopts the principleofatotal reward package for high achieving employees. The organsiation recognises that there are more things to motivate staff than cash remuneration alone. M is striving for promotion and has been promised a company car and prominent car parking space at the front of the office if he achieves it. Which of Maslow's needs is being identified in the scenario above?
Question: 4
Which of the followingwouldbe a disadvantage of the use of 'big data'?
Question: 5
Which of the following isNOTone of the "three V's" of Big Data?