An Organization That Focuses Its Efforts on Continuously Collecting Information

question 154

Multiple Choice

An organization that focuses its efforts on continuously collecting information about customers' needs, sharing this information across departments, and using it to create customer value is said to have a

• A) product orientation.
• B) macroeconomic orientation.
• C) market orientation.
• D) flexible orientation.
• E) societal marketing orientation.

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Definitions:

Bank Accounts

Financial accounts held by individuals or entities with a financial institution, allowing for the deposit and withdrawal of money.

Insurance Policies

Contracts between an insurer and a policyholder that specify the terms under which the insurer agrees to indemnify the policyholder against financial losses from specific eventualities.

Eminent Domain

The power of a government to take private property for public use, with compensation to the owner.

Lost

Refers to an item that has been misplaced and whose whereabouts are unknown.