Which of the Following Statements Is True of a Top

question 32

Multiple Choice

Which of the following statements is true of a top down-oriented organization?

• A) Customers are at the top of the organization's structure.
• B) It typically focuses on individual needs of customers rather than its products.
• C) It typically views the senior management as a final element or afterthought.
• D) Upper management is at the top of the hierarchy.

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Definitions:

Resources

Refers to the inputs used in the production of goods and services, including natural, human, and capital resources.

Lower-Income Individuals

Persons or families who earn significantly less than the average income for their community or country, often facing financial challenges.

Choices

The act of selecting among available options or actions in decision-making processes.

Market Equilibrium

A market state where the supply of an item is exactly equal to its demand, leading to a stable price.