Which of the Following Holds True for Value-Oriented Companies

question 81

Multiple Choice

Which of the following holds true for value-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 for 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:

Pupil

The adjustable opening in the center of the eye through which light enters, whose size is controlled by muscles in the iris.

Fovea

A small depression in the retina of the eye where visual acuity is highest, due to the concentration of cone cells.

Color Vision

The ability of the eye to distinguish objects based on the wavelengths of light they reflect, emit, or transmit.

Lens

In optics, a lens is a transparent device that refracts or bends light rays to focus them, used in glasses, cameras, and various instruments for magnification or correction.