A Company That Sets Its Goals and Strategies Based on What

question 61

Multiple Choice

A company that sets its goals and strategies based on what the current plant equipment can produce,what products engineering can design,and what the company itself can do best,has a(n) _____ orientation.

• A) marketplace
• B) sales
• C) market
• D) exchange
• E) production

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Definitions:

Plaintiff's Negligence

A legal concept in personal injury cases where the plaintiff's own negligent actions contributed to their harm or loss.

Product Misuse

A defense against product liability that may be raised when the plaintiff used a product in a manner not intended by the manufacturer. If the misuse is reasonably foreseeable, the seller will not escape liability unless measures were taken to guard against the harm that could result from the misuse.

Defense

Legal strategies and arguments used by a defendant in litigation to counteract the claims made by the plaintiff.

Product Liability

Refers to the legal responsibility of manufacturers and sellers to compensate for harm caused by defective products they market.