__________ Is Increasingly Viewed as a Source of Organizational Strength

question 165

Multiple Choice

__________ is increasingly viewed as a source of organizational strength and performance advantage.

• A)Making a profit and providing a high return to stockholders
• B)Producing quality products and providing customer satisfaction
• C)Producing goods and services for worldwide consumption
• D)Making the highest return on investment and having the greatest profitability
• E)Diversification through mergers and acquisitions

---

Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified time frame.

Price

The sum of money anticipated, needed, or handed over in exchange for an item.

Market Demand Curve

A graphical representation that shows the quantity of a good or service that all consumers in a market are willing and able to purchase at different prices.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price, within a specific time period.