Which of the Following Statements Is True of Customer-Oriented Visions

question 15

Multiple Choice

Which of the following statements is true of customer-oriented visions?

• A) Customer-oriented visions identify how a customer need will be met.
• B) Customer-oriented vision statements are not the same as listening to your customer.
• C) Customer-oriented visions reduce a company's ability to adapt to a changing environment.
• D) Customer-oriented visions define a business in terms of goods or services provided.

Examine the impact of parental and family characteristics on child development and adjustment.

Understand different forms of sexual harassment in the workplace.

Recognize the advantages and disadvantages of strengths-based management.

Distinguish between various types of teams and their purposes.

---

Definitions:

Consumption

Refers to the act of using goods and services to satisfy needs and wants.

Income

The money received on a regular basis for work or through investments.

Optimal Consumption

The level of consumption at which a consumer achieves the highest possible satisfaction or utility given their income and the prices of goods and services.

Initial Endowment

The initial distribution of income, wealth, or resources among individuals or groups in an economy.