A ________ Orientation Refers to the Process of Determining the Wants

question 176

Multiple Choice

A ________ orientation refers to the process of determining the wants and needs of customers and then providing goods and services to meet their expectations.

• A)market share
• B)profit
• C)customer
• D)production

Understand the concept of net present value (NPV) and its relation to efficient markets.

Grasp the importance of market reactions to unexpected news as evidence of market efficiency.

Identify the limitations of market efficiency and the potential for inefficiencies in financial and real asset markets.

Understand the historical impact of diseases on populations globally.

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Definitions:

Filter Bubbles

A phenomenon where the personalization of web content results in users being isolated in their own cultural or ideological bubbles, due to algorithms filtering what they see online.

Promote

To support or actively encourage a cause, idea, or the advancement of someone to a higher position or rank.

Credit-Scoring Start-Up

A new business venture focused on developing algorithms or models to assess an individual's or business's creditworthiness.

Machine Learning

A type of artificial intelligence that enables software applications to become more accurate at predicting outcomes without being explicitly programmed for those outcomes.