Which of the Following Is True of a Company with Strong

question 108

Multiple Choice

Which of the following is true of a company with strong market orientation?

• A)It designs products with advantages and levels of quality compatible with its competitors.
• B)It assumes that customers will resist purchasing nonessential goods.
• C)It stresses on efficiency in producing a quality product, with the attitude toward marketing that "a good product will sell itself."
• D)It has a focus on new-product development and the introduction of innovative products.

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Definitions:

Multiculturalism

A societal approach that recognizes, appreciates, and integrates diverse cultural practices, beliefs, and values.

Assimilation

The process by which individuals or groups of differing cultural backgrounds come to see themselves as part of a larger national or cultural group.

Integration

The procedure of merging or bringing together distinct components or aspects to form a cohesive entity.

Hedonism

A philosophy that advocates for the pursuit of pleasure and avoidance of pain as the highest good.