Which of the following statements is true of production-oriented firms?
A) They do not focus on their internal capabilities.
B) They do not understand the needs and wants of the marketplace.
C) They focus on their customers and have quick cycle times.
D) They determine what products their customers want and then produce them.
Correct Answer:
Verified
Q22: Why should people study marketing?
Q23: Define customer value, and discuss ways to
Q24: A firm would benefit from a production
Q25: The management of Leyton Electronics Inc. always
Q26: Which of the following is used in
Q28: Which of the following statements is true
Q29: Which of the following statements is true
Q30: Which of the following statements is true
Q31: Which of the following statements is true
Q32: Researchers at Fresnas Inc. invented a new
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents