A firm that adopts the "marketing concept" will aim all its efforts at satisfying customers, while trying to make a profit.

Answer the following statement true (T) or false (F)


True

The marketing concept means that an organization aims all its efforts at satisfying its customers, but at a profit.

Business

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Compare and contrast a multinational company and a global company

What will be an ideal response?

Business

When a flexible manufacturing system (FMS) is used, worker tasks are more diverse than under a traditional manufacturing system

Indicate whether the statement is true or false

Business

The ACFTU's traditional responsibilities focus on maintaining labor discipline to promote the national agenda and not to represent workers' interests in negotiations with employers.

Answer the following statement true (T) or false (F)

Business

Removing trade barriers that were protecting an inefficient industry will likely cause ____________________ in that industry.

A. lawsuits B. transnational collective bargaining C. management shifts D. job losses

Business