What Internal Management Philosophy Is Customer-Centric Similar To

question 2

Multiple Choice

What internal management philosophy is customer-centric similar to?

• A)utilitarianism
• B)the equity theory
• C)the marketing concept
• D)consumerism

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Definitions:

Employer

An individual or organization that hires and remunerates individuals to undertake specific roles or jobs, often providing direction and control over the work performed.

Sole Proprietorship

A business owned and operated by one individual, where there is no legal distinction between the owner and the business entity.

Corporation

A legal entity recognized by law as separate from its owners, providing limited liability and allowing it to own property, enter contracts, and sue or be sued.

Partnership Agreement

A contract between business partners that outlines the terms, conditions, and responsibilities within the partnership.