QUESTION 1 Best Buy has become the nation's largest specialty retailer by focusing on the customer's needs and wants. This philosophy is at the heart of an orientation. a. sales b. market c. retail d. production e. exchange

Best Buy has become the nation's largest specialty retailer by focusing on the customer's needs and wants. This philosophy is at the heart of an orientation, a. sales b. market c. retail d. production e. exchange QUESTION 2 Which of the following shows poor ethical judgment? a. A retail store raising prices to cover increases in costs. b. A corporate executive shredding documents that may be needed in a law suit. c. A supermarket offering lower-quality merchandise to meet their customers' price needs d. Opening a very high quality store selling only extremely expensive merchandise. e. Comparing your product directly with that of a competitor in an advertisement. QUESTION 3 In the planning hierarchy, plans dealing with organization-wide objectives, long-term plans a. annual plans. b. daily and weekly plans. c. operational plans. d. tactical plans. e. strategic plans. QUESTION 4 The basic objectives or goals of an organization are derived from its a. strategic plan. b. tactical plan. c. corporate strategy d. mission statement. e. customer research. Click Save and Submit to save and submit, Click Save All Answers to save all answers