Which of the Following Factors Makes It Imperative That Organizations

question 29

Multiple Choice

Which of the following factors makes it imperative that organizations be fast and flexible?

• A) workforce diversity
• B) corporate excess
• C) truncated capacity
• D) advances in corporate strategy
• E) globalization

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Definitions:

Market Orientation

A business approach that prioritizes identifying and meeting the needs and desires of customers through product innovation, quality, and satisfaction.

Long-Term Relationships

Engagements or associations between parties, whether personal or professional, that are built over an extended period and emphasize loyalty, commitment, and mutual benefit.