Multiple Choice
In which of the following situations is a firm with a production orientation most likely to survive?
A) There are many small competitors in the marketplace.
B) Demand for the product it produces exceeds supply.
C) Needs of the marketplace are shifting.
D) Supply for the product it produces exceeds demand.
E) What the firm can best produce is not what the market wants.
Correct Answer:
Verified
Correct Answer:
Verified
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