When a Company Creates a New Market by Understanding Its

question 105

Multiple Choice

When a company creates a new market by understanding its competitors and listening to the market, it is called __________________.

• A) International orientation
• B) Market share optimization
• C) Competitor orientation
• D) Customer orientation
• E) Operations management

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Definitions:

Pons

A part of the brainstem involved in controlling vital functions such as breathing and sleep cycles.

Hypothalamus

Located under the thalamus, this brain region is responsible for overseeing the activities of the autonomic nervous system and the pituitary gland, ensuring the regulation of body temperature, thirst, hunger, and other mechanisms vital for maintaining equilibrium within the body.

Limbic System

A complex system of nerves and networks in the brain, involving several areas near the edge of the cortex concerned with instinct and mood. It controls the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).

Thalamus

A part of the brain that acts as a relay station, processing and transmitting sensory information to various areas of the brain.