Question

The management of PQR Electronics believes that success can be achieved with a thorough understanding of its competitive arena and by developing products that satisfy the needs, wants, and expectations of customers. Therefore, PQR Electronics can be said to have a ______ orientation.

Answer 1

Answer:

market

Explanation:

Based on the information provided within the question it can be said that PQR electronics has a market orientation. In the context of business, this refers to an approach where the company's main focus is on the customer and meeting their needs as well as their wants, this is done in order to attract and maintain a loyal customer base to increase profits.