A statement such as: "If our new floor cleaner reaches a local market share of three percent after nine months of test marketing the product in Phoenix, we will launch the product nationally," is an example of a _____.
A) hypothesis
B) situation analysis
C) managerial action standard
D) problem definition

Question

Quizplus · Accepted Answer

The statement outlines a specific action standard for a managerial decision regarding the national launch of a product based on achieving a predetermined market share goal. Therefore, it is an example of a managerial action standard.

A Statement Such As: "If Our New Floor Cleaner Reaches