Consumer Orientation Primarily Emphasizes

question 33

Multiple Choice

Consumer orientation primarily emphasizes:

• A) the need to monitor and understand competitor actions in the marketplace and organization.
• B) the need for secondary stakeholders in the company's functioning.
• C) the need for consumer value and satisfaction above all other parameters of success.
• D) the need to communicate information about customers and competitors throughout the organization as the key to success.
• E) the need to consider the company's bottomline over its customer base.

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Definitions:

Target Markets

These are specific groups of consumers or organizations a business aims to serve or sell its products and services to.

SWOT Analysis

A strategic planning tool that assesses an organization's strengths, weaknesses, opportunities, and threats.

Internal Issues

Problems or challenges that arise within an organization, affecting its functioning or performance.

External Issues

Problems or challenges originating outside an organization that can affect its performance and strategic direction.