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Tems11 [23]
3 years ago
9

The business orientations typical of organizations have evolved over time; in the early years of the United States, a ________ o

rientation that focused on creation of any type of good was common, while today firms often have a ________ orientation in which they seek to satisfy the high expectations of customers.
Business
1 answer:
ira [324]3 years ago
4 0

Answer:

The answer is "production, market".

Explanation:

In the question, throughout the early years of both the USA a production focus centered mostly on the manufacturing of any sort of product has become popular, but today companies often have a market orientation in which they are seeking to meet strong customer expectations. Through time, companies have developed their business orientations common in organizations.

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Suppose there are 5 gas stations in Durham. All of them sell, among other things, 87 octane regular unleaded gas. Which of the f
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Answer:

b

Explanation:

An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.

Oligopolies are characterised by:

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A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

A monopolistic competition is when there are many firms selling differentiated products in an industry.

A monopoly is when there is only one firm operating in an industry.

An example of a monopoly is a utility company

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