Which of the Following Statements Explains Why Businesses Moved from the Production

question 73

Multiple Choice

Which of the following statements explains why businesses moved from the production orientation stage to the sales orientation stage?

• A)The population was moving away from urban areas.
• B)There were too many customers to serve.
• C)Competition grew as the production of goods increased.
• D)Advertising was becoming a major marketing force.

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Definitions:

Production Hold-Ups

Delays or interruptions in the manufacturing process that can lead to increased costs and extended production timelines.

Goal Congruence

Occurs when the objectives of different stakeholders or departments within an organization align and support each other.

Participative Budgeting

A budgeting process where those who are impacted by a budget are involved in the development of the budget, promoting engagement and accountability.

Budgetary Achievement

The extent to which the budgeted targets or goals have been met or achieved during a specific period.