Disney's Says the MagicBand Now Cost Less Than $5 to Manufacture

question 31

True/False

Disney's says the MagicBand now cost less than $5 to manufacture.

---

Definitions:

Market-oriented

A business approach focused on understanding and meeting the needs and wants of customers in a specific market.

CEO

Chief Executive Officer; the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

Mission Statement

A formal summary that defines the core purpose, objectives, and values of an organization, guiding its actions and decisions.

Strategic Fit

The alignment between an organization's resources and capabilities with its external environment and strategic objectives, essential for achieving success.