An Organization Practicing ______ Aims All Its Efforts at Satisfying

question 44

Multiple Choice

An organization practicing ______ aims all its efforts at satisfying its customers-at a profit.

• A) the sales concept
• B) a production orientation
• C) in the marketing department era
• D) profit maximization economics
• E) the marketing concept

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Definitions:

Managerial Lesson

Valuable insights or teachings acquired through experience or study, aimed at improving leadership and decision-making skills.

Have a Goal

The act of establishing a specific aim or desired outcome to be achieved in the future.

Expectancy Theory

A theory suggesting that individuals are motivated to perform or act a certain way because they are conditioned to expect a particular outcome.

Personally Meaningful Rewards

Incentives or acknowledgments that hold significant personal value to the recipient, thereby motivating or enhancing their engagement in specific activities or performance.