Which of the Following Companies Has a Product-Oriented Business Definition

question 55

Multiple Choice

Which of the following companies has a product-oriented business definition?

• A) A luxury hotel, whose business definition is: "We sell out-of-the-world experiences to our guests."
• B) A real estate company, whose business definition is: "We sell dreams."
• C) A cosmetic company, whose business definition is: "We offer hope and self-expression."
• D) A shoe manufacturer, whose business definition is: "We manufacture affordable and long-lasting shoes for all."
• E) A high-technology company, whose business definition is: "We sell inspirations."

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Definitions:

Prospectus

An official document that a company issues to potential investors detail the offering of securities for sale, providing financial data, and disclosing risks.

Securities Act of 1933

A U.S. federal law enacted to ensure transparency and fairness in the securities market, requiring that investors receive significant information regarding securities being offered for public sale.

Due Diligence Defense

A legal defense whereby the defendant can avoid liability by proving that they took all possible steps to avoid committing an offence.

Registration Statement

A formal document filed with regulatory authorities that provides details about an investment offering for sale to the public, often associated with securities.