Which of the Following Is a Market-Oriented Mission Statement

question 106

Multiple Choice

Which of the following is a market-oriented mission statement?

• A) "We empower customers to achieve their dreams."
• B) "We sell jumbo burgers."
• C) "We are an online library."
• D) "We are a low-cost airline."
• E) "We make porcelain figurines."

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Definitions:

Standard of Living

The amount of riches, ease, physical items, and basic requirements possessed by a distinct class or region.

Productivity

The measurement of the efficiency of production, often evaluated as the ratio of output to inputs in the production process.

Human Capital

The economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value.

Technological Knowledge

Information and skills acquired through experience or education regarding the use, development, and application of technological tools and systems.