Business Orientations: production, marketing, societal and product
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary focus of a production-oriented business?

  • Customer needs and wants
  • Societal and environmental welfare
  • Market trends and competition
  • Production and manufacturing efficiency (correct)

    • Which business orientation is most concerned with satisfying customer needs and wants?

  • Product orientation
  • Societal orientation
  • Marketing orientation (correct)
  • Production orientation

    • What is the main goal of a company with a product orientation?

  • Minimize production costs
  • Maximize market share
  • Develop high-quality products (correct)
  • Reduce environmental impact

    • Which business orientation is most focused on the well-being of society and the environment?

    <p>Societal orientation</p> Signup and view all the answers

    What is the key difference between a production-oriented and marketing-oriented business?

    <p>Cost minimization vs. customer needs analysis</p> Signup and view all the answers

    More Like This

    Customer Orientation: Understanding Customer Needs
    6 questions

    Customer Orientation: Understanding Customer Needs Quiz

    UnmatchedDaffodil avatar
    UnmatchedDaffodil
    Product Orientation in Marketing
    6 questions

    Product Orientation in Marketing

    EndearingChalcedony4129 avatar
    EndearingChalcedony4129
    Strategic Marketing Management Unit 1 - 5
    68 questions

    Strategic Marketing Management Unit 1 - 5

    UsefulNobility avatar
    UsefulNobility
    Grundgedanke des Marketings
    31 questions

    Grundgedanke des Marketings

    WellInformedWalnutTree avatar
    WellInformedWalnutTree
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser