Which of the Following Is the BEST Example of Management

question 146

Multiple Choice

Which of the following is the BEST example of management thinking during the "production era"?

• A) "We need to make whatever products are easy to produce."
• B) "We need to find out what the customer wants."
• C) "The more salespeople we have, the more we can sell."
• D) "We need to work hard to sell the product to our customers."
• E) "If we produce a good product, customers will find us and buy it."

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Definitions:

Not-for-Profit Entities

Organizations that operate for purposes other than generating profit, often focused on social, educational, or charitable objectives.

Merger

The combination of two or more companies into a single legal entity, typically to expand operations and take advantage of synergies.

Acquisition

The process of obtaining control of another corporation by purchasing or exchanging stock.

Contractual Adjustments

Changes made to the billed amounts of services provided, based on agreements or contracts between providers and payers.