What Is the Foremost Question in Running a Business Enterprise

question 61

Multiple Choice

What is the foremost question in running a business enterprise?

• A) What must managers do, and do well, to make a company a winner in the marketplace?
• B) What can employees do, and do well, to ensure customer satisfaction?
• C) What can shareholders do, and do well, to ensure a profitable company?
• D) What do customers do, how to profile customers who buy a company's product, and tailor sales strategy around them?
• E) What do suppliers do, and how to get supplies at the lowest cost to build a profitable business?

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Definitions:

Culture

The shared practices, beliefs, values, norms, and artifacts that characterize a group of people or society.

Audience Resistance

The phenomenon where listeners or readers are skeptical of, or oppose, the message being communicated to them.

Decision Maker

Decision Maker refers to an individual with the authority or power to make decisions that affect the outcome of a project, strategy, or enterprise.

Organizational Culture

The set of shared beliefs, values, norms, and practices that characterizes an institution or organization.