Which of the Following Statements About Product-Oriented Visions Is True

question 60

Multiple Choice

Which of the following statements about product-oriented visions is true?

• A) They tend to force managers to take a myopic view of the competitive landscape.
• B) They allow companies to effectively adapt to changing environments.
• C) They define a business in terms of providing solutions to customers.
• D) They allow firms to set goals that focus primarily on filling the organization's needs.

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Definitions:

Dress Codes

Established guidelines prescribing the expected attire for individuals in specific environments or during particular events.

Competing Values Framework

A model used to assess and categorize organizational culture types based on two dimensions: internal vs. external focus and stability vs. flexibility.

Clan Culture

A corporate culture characterized by a family-like environment, prioritizing collaboration, consensus, and mutual support among members.

Stakeholders

refers to individuals or groups that have an interest, stake, or investment in a company and can either affect or be affected by its actions.