An Organization Seeking to Make a Profit by Serving the Needs

question 21

Multiple Choice

 An organization seeking to make a profit by serving the needs of customer groups,rather than depending only on its current products or devising methods to attract consumers,has a _____ orientation.

• A) customer
• B) production
• C) selling
• D) non-profit

---

Definitions:

Chi-square Value

A statistic used to measure the differences between observed and expected frequencies in categorical datasets, testing for independence or goodness of fit.

Observed

Refers to measured or witnessed information and data gathered through experimentation or research.

Expected

Refers to the predicted outcome or value in probability and statistics, often based on theoretical or historical data.

Nonparametric Statistics

Distribution-free statistics that do not require the same assumptions as do parametric statistics.