Which of the Following Statements Is True of Market-Oriented Firms

question 35

Multiple Choice

Which of the following statements is true of market-oriented firms?

• A)They focus on their internal capabilities rather than on the desires and needs of the customers.
• B)They believe that people will buy more goods and services if aggressive sales techniques are used and that high sales result in high profits.
• C)They assume that a sale does not depend on an aggressive sales force but rather on a customer's decision to purchase a product.
• D)They claim that people must give up something in order to receive something else they would rather have.

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Definitions:

Levels Of Activity

are the various stages or degrees of intensity at which a process or operation is carried out in an organization or system.

Flexible Budget

A budget that adjusts or changes in response to variations in actual activity levels, allowing for better cost control and planning.

Activity Levels

A measure of the amount of work or action in a particular context, such as in a business or exercise program.

Slack Season

A period during which demand for a business's products or services decreases, often leading to lower sales.