A _____ Orientation Apart from Understanding Customers,stresses the Need to Monitor

question 38

Multiple Choice

A _____ orientation apart from understanding customers,stresses the need to monitor and understand competitor actions in the marketplace and the need to communicate information about customers and competitors throughout the organization.

• A) consumer
• B) product
• C) production
• D) market
• E) stakeholder

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Definitions:

Chief Financial Officer

The senior executive responsible for managing the financial actions of a company, including tracking cash flow and financial planning as well as analyzing the company's financial strengths and weaknesses and proposing corrective actions.

Controller

The manager of the accounting function of a vertical (business unit).

Managerial Accounting

The practice of analyzing, interpreting, and communicating financial information to managers for the purpose of business decision-making.

Dollar Savings

The amount of money saved as a result of cost reduction, efficiency improvements, or other financial strategies, expressed in dollar terms.