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Innovatives Inc. is a phone manufacturing company that creates phones with unique features and distributes them among retailers. The devices are created with little or no concern about customers’ needs and wants. In this case, Innovatives is most likely a:
Question 5 options:
value-oriented company |
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product-oriented company |
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brand-oriented company |
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market-oriented company |
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customer-oriented company |
Question 6 (1 point)
Firms have come to realize that good corporate citizenship through socially responsible actions should be a priority because it:
Question 6 options:
enables them to sell goods in large quantities. |
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will result in high employee turnover. |
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communicates their products’ value to customers. |
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will make it easier for them to expand globally. |
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will help their bottom line in the long run. |
Question 7 (1 point)
The Old Oven, a multinational bakery chain, donated its worldwide revenue of a month for the rehabilitation activities in a country affected by an earthquake. Which of the following is specifically exemplified in this case?
Question 7 options:
Marketing helping global expansion |
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Marketing enriching society |
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Marketing impacting supply chain management |
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Marketing through social media |
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Marketing aiding entrepreneurship |
Question 8 (1 point)
The wine industry is a very competitive market. Some wineries invest in corporate social responsibility programs knowing that competitors cannot easily copy the programs. This is a good example of ______
Question 8 options:
increasing promotion |
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reducing the cost |
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providing outstanding customer services |
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gaining competitive advantage |
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defining the target market |
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