One Way to Identify the Orientation of a Firm Is

question 118

Multiple Choice

One way to identify the orientation of a firm is to examine its primary goal.If a firm sells to achieve profitability through sales volume,what would it probably be?

• A) sales oriented
• B) retail oriented
• C) production oriented
• D) price oriented

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Definitions:

Systematic Account

An organized method or approach to recording financial transactions or accounts that follow a consistent procedure.

Outcomes

The results or effects that stem from certain actions, processes, or behaviors.

Sales-Cost Ratio

A metric used to evaluate the effectiveness of sales efforts by comparing the cost of achieving sales to the amount of sales generated.

Overnight Trips

Short travel or journeys that involve staying away from home for one night, often for business or leisure purposes.