Airlines, Universities, and Consulting Companies Are All Examples of

question 35

Multiple Choice

Airlines, universities, and consulting companies are all examples of

• A) service organizations.
• B) manufacturing organizations.
• C) production organizations.
• D) public sector organizations.
• E) industrial organization.

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Definitions:

Wider Context

Refers to the broader scope or larger environment in which something exists or takes place, encompassing more than just the immediate situation.

Disruption

An innovation or event that significantly alters the way that industries, businesses, or markets operate.

Brand Position

Represents the unique space a brand occupies in the minds of consumers, distinguishing it from its competitors based on attributes, benefits, and perceptions.

Radical Innovation

Involves breakthrough developments or products that significantly alter the dynamics of industry, often creating new markets or reshaping existing ones.