Which of the Following Is the Principle Objective of a Market-

question 24

Multiple Choice

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

• A)to satisfy basic customer needs
• B)to satisfy basic stockholder needs
• C)to satisfy basic partnership needs
• D)to satisfy basic owner needs
• E)to satisfy basic supplier needs

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Definitions:

Cortex

The outermost layer of the brain, involved in numerous high-level functions, including thought, memory, and sensory processing.

Two-Factor Theory

A psychological theory suggesting emotions are based on physiological arousal and cognitive labeling.

Cognitive Appraisal

The process of evaluating a situation in terms of its relevance to one's well-being and determining the appropriate reaction.

Physiological Arousal

Refers to the physical responses of the body, such as increased heart rate and sweating, that accompany emotions and cognitive states.