Which of the following would a market-driven business most likely be?
A. Competitive
B. Efficient
C. Flexible
D. Resourceful
Answer: Option D
Solution(By Examveda Team)
A market-driven business most likely be resourceful. Market-driven is defined as: “Firm's policy or strategy guided by market trends and customer needs instead of the firm's productive capacity or current products.”Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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