Companies That Define Their Missions in Terms of Product or Technology

question 105

Multiple Choice

Companies that define their missions in terms of product or technology are considered myopic primarily because ________.

• A) products and technologies result in low returns on investment
• B) consumer preferences with regard to products and technologies are difficult to predict
• C) consumer preferences for different product categories vary from time to time
• D) products and technologies eventually become outdated
• E) most consumers are not comfortable using sophisticated technologies during the buying process

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Definitions:

Protein Fibers

Long chains of amino acids that form structures like collagen and keratin, providing support and strength to tissues and cells.

Osteoclast

A type of bone cell responsible for the resorption of bone tissue, playing a crucial part in bone growth, healing, and remodeling.

Bone Tissue

A dense, hard type of connective tissue that forms the skeletal structure of the body, providing support, protection, and enabling movement.

Osteocytes

Mature bone cells that maintain the bone matrix and communicate with other bone cells.