An Organization with a Market Orientation

question 112

Multiple Choice

An organization with a market orientation

• A)focuses its efforts on: (1)continuously collecting information about the environment; (2)keeping abreast of the actions of its competitors;and (3)using this information to create customer value.
• B)identifies prospective buyers,understands them intimately,and develops favorable long-term perceptions of the organization and its offerings so that they will choose it in the marketplace.
• C)strives to satisfy the needs of consumers while also trying to achieve its goals.
• D)satisfies the needs of consumers in a way that provides for society's well being.
• E)focuses its efforts on: (1)continuously collecting information about customers' needs; (2)sharing this information across departments;and (3)using it to create customer value.

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Definitions:

Birth-Order Effects

Theoretical concepts suggesting that a person's rank by age among siblings influences their personality, behavior, and intelligence.

Paradox

A statement or concept that contains conflicting ideas, yet may be true simultaneously.

Personality Development

The dynamic and ongoing process by which individual personality characteristics evolve and change over time.

Nature And Nurture

Nature and nurture is a concept exploring the relative contributions of genetic inheritance (nature) and environmental factors (nurture) to human development.