Satellite Communications Jonathan Worked for Satellite Communications for Twenty Years. in the in the Time
Multiple Choice
Satellite Communications
Jonathan worked for Satellite Communications for twenty years. In the time that he worked there, he learned a lot about the company and how it operated. The company met its sales and revenue goals every year. However, most of the employees had similar educational and cultural backgrounds. He believed that the company could do much better if it cultivated an environment that promoted many different ideas. Additionally, Satellite Communications was mostly focused on how much revenue it earned in a given year. Jonathan felt that the most important goal should be to satisfy customers. He believed financial success would result from focusing on customers.
After a lot of consideration, Jonathan decided to open his own business called Universal Communications and hire employees that reflected a more diverse customer base. He was happy to have this opportunity because it was a dream that he had always had. He had always wanted to make his own decisions about what his company would produce and how. The only aspect of the business he was unsure of was pricing, yet he knew this would be important for his ultimate success.
-Refer to Satellite Communications. Which company has the correct objective?
A) Satellite Communications
B) Universal Communications
C) Both of them
D) None of them
E) Not enough information is provided.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: For firms like Walmart, competition<br>A) is not
Q8: Monetary policies exert the government's influence on
Q9: When economists study the national economy or
Q10: Economics is the study of how wealth
Q11: Which of the following statements is false?<br>A)
Q13: Adam Smith developed the concept of the
Q14: An entrepreneur combines four kinds of resources
Q15: Typical service businesses in the U.S. include
Q16: According to Adam Smith, under laissez-faire capitalism,
Q17: What effect did the Industrial Revolution and