One Way to Identify the Orientation of a Firm Is

question 72

Multiple Choice

One way to identify the orientation of a firm is to examine its primary goal.If a firm sells to achieve profitability through sales volume,it would probably be:

• A) promotion-oriented
• B) price-oriented
• C) sales-oriented
• D) production-oriented
• E) retail-oriented

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Definitions:

Learning

The acquisition of knowledge or skills through study, experience, or being taught.

Initial Conceptualization

The early stage of forming an idea or concept, laying the groundwork for its development and implementation.

Business Model Canvas

A strategic management template for developing new or documenting existing business models, visually outlining a company's value proposition, infrastructure, customers, and finances.

Feasibility Study

An assessment of the practicality and potential success of a proposed project, including analysis of economic, technical, legal, and scheduling factors.