Researchers at PPG Industries Inc. spent considerable time, effort, and money developing a bluish windshield that would let in filtered sunlight but block out heat. PPG had not conducted market research before deciding to design the windshield
Moreover, the windshield is priced higher compared to the other brands. The company has now introduced the windshield in the market and is hoping that the customers will like it. PPG most likely has a(n)_____orientation.
a. exchange
b. production
c. sales
d. promotion
ANSWER: b
PPG is most likely to be a production-oriented firm. A production orientation is a philosophy that focuses on the internal capabilities of a firm rather than on the desires and needs of the marketplace. It asks questions such as "What can we do best?" and "What can our engineers design?"
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According to the path-goal theory, a leader who is __________ consults with subordinates about issues and takes their suggestions into account before making a decision.
Fill in the blank(s) with the appropriate word(s).
When a company amortizes a premium, the interest expense recorded is
A) more than the cash paid. B) less than the cash paid. C) equal to the cash paid. D) all of the above can be correct.
Which of the following principles best describes the rationale for matching administrative and selling expenses with revenues of the current period?
a. Direct matching b. Systematic and rational allocation c. Immediate recognition d. Partial recognition
A measure of the current price of a company's stock in comparison to its earnings is called:
a. price–earnings (P/E) ratio. b. return on equity (ROE). c. return on assets (ROA). d. earnings per share.