Figure 1-5 -In Figure 1-5 Above,"B" Represents Which Era in U.S.business History

question 151

Multiple Choice

Figure 1-5

-In Figure 1-5 above,"B" represents which era in U.S.business history?

• A)sales era
• B)production era
• C)consumerism era
• D)marketing concept era
• E)customer relationship era

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Definitions:

Ethical Concern

Issues or situations that require a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Organisational Analysis

A systematic study of an organization's structure, functions, and dynamics to identify areas of improvement or development.

External Environment

Factors outside an organization that can affect its performance, including economic, political, social, and technological aspects.

Moral Principles

Fundamental beliefs regarding what is right and wrong that serve as a foundation for ethical behavior and decision-making.