When a Firm Focuses on Its Internal Capabilities Rather Than

question 43

Multiple Choice

When a firm focuses on its internal capabilities rather than on the desires and needs of the marketplace,then the firm is said to have adopted the ______ orientation.

• A) production
• B) sales
• C) market
• D) societal

Understand the phases of the business cycle and their characteristics.

Differentiate between true and false statements regarding unemployment benefits and the labor force.

Recognize causes and features of economic recessions and recoveries.

Understand the fundamental concepts and differences between process cost systems and job order cost systems.

---

Definitions:

Biopsychosocial Model

A holistic approach to understanding human health and illness that considers biological, psychological, and social factors.

Disease Outcomes

The results or consequences of managing and treating a disease, including recovery, complications, and mortality.

Sociological Factors

Components within society, such as family, education, and social norms, that influence an individual's behavior, actions, and perceptions.

Clinical Health Psychologists

Professionals who specialize in understanding the psychological and behavioral processes in health, illness, and healthcare, aiming to improve patient outcomes and promote health and wellness.