The View That an Organization Should Discover and Satisfy the Needs

question 92

Multiple Choice

The view that an organization should discover and satisfy the needs of its consumers in a way that also provides for society's well-being is known as

• A)Customer relationship management
• B)Macromarketing
• C)Ethics
• D)The societal marketing concept

Recognize the characteristics, attitudes, and responsibilities of successful entrepreneurs, including the impacts of internal and external locus of control.

Comprehend the benefits and risks associated with different entrepreneurial ventures, such as franchises, and the importance of innovation in entrepreneurship.

Identify strategies for managing and overcoming common challenges faced by entrepreneurs, including unexpected events and the necessity of taking responsibility for mistakes.

Grasp the significance of having a vision as an entrepreneur and how it drives the entrepreneurial process.

---

Definitions:

Performance Improvement

The process of identifying, analyzing, and improving existing business processes to optimize performance, increase efficiency, or meet new quotas or standards.

Job-Related Knowledge

The understanding and expertise that an individual possesses which is directly relevant to the tasks, processes, and responsibilities of a specific job role.

Training

The process of providing employees with the knowledge and skills necessary to perform their job duties effectively and efficiently.

Planned Effort

A deliberate and structured attempt to achieve a specific goal, often involving a series of actions or tasks.