Which of the Following Holds True for Market-Oriented Companies

question 25

Multiple Choice

Which of the following holds true for market-oriented companies?

• A)They focus on selling as many of their products as possible rather than focusing on making products consumers really want.
• B)They focus on giving their customers better worth (monetary and nonmonetary)for the products than their competitors.
• C)They focus on developing and distributing innovative products with little concern about whether the products best satisfy customers' needs.
• D)They focus on the extension of a single brand name to market products in different product categories.
• E)They focus on what consumers want and need before they design, make, or attempt to sell their products and services.

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Definitions:

James Coleman

An American sociologist known for his work in education, public policy, and social theory, particularly the concept of social capital.

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A methodological approach to study social structures through the use of networks and graph theory.

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Connections between individuals or groups, shaped by social structures, institutions, and individual interactions.