Once an Organization Surveys the Consumer's Wants and Needs, Has

question 16

True/False

Once an organization surveys the consumer's wants and needs, has designed a group of products to meet those needs, and begun to market them in stores, the organization is assured of success.

---

Definitions:

Kaizen

A Japanese business philosophy of continuous improvement of working practices, personal efficiency, etc.

Interpersonal Reward

Involves positive outcomes or benefits one receives from social interactions, enhancing relationships and motivating collaborative efforts.

Camry Assembly

The process involved in the manufacturing and assembly of the Toyota Camry, a popular mid-size car model.

Physical Reward

Tangible incentives or gifts given to employees or individuals as a recognition for their efforts or achievements.