What Occurs When a Business Is Defined in Terms of Goods

question 168

Multiple Choice

What occurs when a business is defined in terms of goods and services rather than by the benefits customers seek from it?

• A)market synergy
• B)a market barrier entry
• C)a reactive focus
• D)marketing myopia

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Definitions:

Caregiving

The activity or profession of regularly looking after a child or a sick, elderly, or disabled person, often involving emotional and physical support.

Parenthood

The state or experience of having and raising a child, involving responsibilities such as care, love, and guidance.

Personality Trait

A characteristic way an individual thinks, feels, and behaves, shaping their personality.

Conscientiousness

A personality trait marked by organization, dependability, and a strong sense of duty.