Which of the Following BEST Describes a Company with a Production

question 9

Multiple Choice

Which of the following BEST describes a company with a production orientation?

• A) It concentrates on customized manufacturing.
• B) It focuses internally on maximizing the efficiency of operations.
• C) It is determined to be socially responsible.
• D) It has customer satisfaction as its primary goal.

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Definitions:

Retail Beverage

Refers to drinks, including alcoholic and non-alcoholic, that are sold directly to consumers through retail outlets.

Profitability

A financial metric that measures the degree to which a company or activity yields profit when compared to its size, costs, or investments.

Disclosure Documents

Official documents that provide detailed information about an investment, required by law to be provided to prospective investors.

Prospective Franchisees

Individuals or entities considering entering into a franchise agreement, evaluating the business opportunity and requirements.