PQR Corporation Is a Sales-Oriented Firm That Focuses on High

question 18

Multiple Choice

PQR Corporation is a sales-oriented firm that focuses on high sales.It does not take into account the customer's wants and needs,and instead concentrates on manufacturing products that will reap high profits.This attitude might lead to the firm's missing business opportunities because ______.

• A) its narrow focus on manufacturing specific products does not meet customer needs and wants for a wider range of products
• B) it focuses on providing value and benefits to its customers instead of meeting company objectives
• C) it emphasizes enhancing individuals' and society's long-term best interests
• D) it concentrates on relationship building,empowerment,and teamwork

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Definitions:

Amortization Period

The length of time it takes to fully pay off a debt with regular payments that cover both principal and interest.

Cash-back Mortgage

A type of mortgage where the borrower receives a cash rebate upfront, often used for home improvements or debt consolidation.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal amount twice a year and then interest is subsequently earned on the new principal.

Amortization Period

The total length of time over which an individual loan or debt is scheduled to be paid off.