An Organization with A(n)_____ Believes That It Exists Not Only

question 108

Multiple Choice

An organization with a(n) _____ believes that it exists not only to satisfy customer wants and needs and to meet organizational objectives but also to preserve or enhance individuals' and society's long-term best interests.

• A) sales orientation
• B) market orientation
• C) ethical business mission
• D) focused target market strategy
• E) societal orientation

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Definitions:

Stock Variable

A quantity measured at one specific time, representing a certain amount accumulated up to that time.

Money Supply

The total amount of monetary assets available in an economy at a specific time.

Price Level

A composite measure reflecting the prices of all goods and services in the economy relative to prices in a base year.

Consumer Spending

The total expenditure by households on goods and services within a certain period of time, a primary engine of economic activity.