A group becomes a high performing team during the ____________________ stage.
Fill in the blank(s) with the appropriate word(s).
transforming
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An organization with a market orientation
A. 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. B. strives to satisfy the needs of consumers while also trying to achieve its goals. C. satisfies the needs of consumers in a way that provides for society's well being. D. focuses its efforts on continuously collecting information about customers' needs, sharing this information across departments, and using it to create customer value. E. focuses its efforts on continuously collecting information about the environment, keeping abreast of competitors' actions, and using this information to create product innovation.
A consumer's behavior standards or beliefs, which can impact the decision-making process, are referred to as the consumer's ________.
Fill in the blank(s) with the appropriate word(s).
The Szakos Company engaged in the following transactions during the current year:a) Acquired $50,000 of cash by issuing common stock to ownersb) Paid $10,000 to acquire manufacturing equipmentc) Paid $5,000 cash for materials used in productiond) Paid $2,000 for wages of production workerse) Paid $8,000 in general, selling, and administrative costsf) Recognized $1,000 of depreciation on the manufacturing equipmentg) Sold inventory for $18,000 cashh) The cost of the inventory sold was $6,500Required:Show the balance sheet and income statement effects of the transactions by completing the financial statement model provided.
What will be an ideal response?
Managers who consider the impact of their organization on the natural environment are said to be practicing ________.
A. value-based management B. ethics-based management C. conventional management D. green management