According to the marketing concept, an organization should try to

A. ?consider short-run objectives and cash flow needs before developing new products.
B. ?define its business as "making a product."
C. ?provide products that satisfy customers' needs and allow the organization to achieve its goals.
D. ?put most of its emphasis on marketing activities and be less concerned with finance, accounting, and personnel.
E. ?view selling activities as the major means of increasing profits.


Answer: C

Business

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Jack Welch, former CEO of General Electric, has been called

a. “Neutron Jack” for firing the bottom 10% of his workforce each year during his early years b. “Manager of the Century” c. Jack “Sweet Juice” Welch for his consideration leadership and friendly, supportive behavior d. both “a” and “b”

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A financial manager's primary activities include making investment and financing decisions

Indicate whether the statement is true or false

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Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 44, 84, 15, 96, 86, and 41?



A. 14
B. 15
C. 16
D. 17

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