Why should mission statements be market oriented instead of product or technology oriented?

What will be an ideal response?

Mission statements should be market oriented and defined in terms of satisfying basic customer needs. Products and technologies eventually become outdated, but basic market needs may last forever.

Business

You might also like to view...

Leo's manager has asked him and his teammates to demonstrate caring towards customers. They are instructed to learn customers' names, and use names while interacting with them

Repeat customers should get special attention, and the team members should remember their preferences and habits. The manager is asking the team to be ________. A) assuring B) candid C) empathetic D) reliable E) responsive

Business

Which model of decision making argues that behavioral processes limit a manager's ability to always be logical and rational?

A) need-based B) process-based C) normative D) descriptive

Business