A statement such as: "If our new soft drink reaches a local market share of one percent after nine months of test marketing the product in St.Louis,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 is a clear and specific managerial action standard, outlining a specific goal and the action to be taken if that goal is achieved. It does not suggest a hypothesis, analyze a situation, or define a problem.

A Statement Such As: "If Our New Soft Drink Reaches