The Ultimate Goal of the Customer-Centered Firm Is ________

question 68

Multiple Choice

The ultimate goal of the customer-centered firm is ________.

• A) high customer satisfaction
• B) high profits
• C) low costs
• D) maximum stakeholder satisfaction
• E) none of the above

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Definitions:

Labor Laws

Regulations and laws that govern the rights and responsibilities of workers, employers, and labor unions to ensure fair employment practices.

Political Factors

Elements related to government actions, policies, and political stability that can influence business operations and decisions.

Acquire Resources

The process of obtaining the necessary materials, finances, and human skills required for the operation of a business or project.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public—by practicing sustainable development.