18 Views

Question : Case Study: XYZ Corporation

XYZ Corporation is a manufacturing company known for producing high-quality electronic devices. It is divided into three levels of management: top management, middle-level management, and lower-level management. The company's main objective is to expand its market reach and maintain a strong reputation for innovation and customer satisfaction.

The primary objective of XYZ Corporation is to:

Option 1: Maximize profits
  

Option 2: Increase market share
 

Option 3: Deliver innovative products and excellent customer service

 

Option 4: Achieve work-life balance for employees


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Deliver innovative products and excellent customer service

 


Solution : The correct answer is (c) Deliver innovative products and excellent customer service

While profitability and market share may be important, the corporation's primary focus, in this case, is on providing innovative products and excellent customer service. This indicates a customer-centric approach and a commitment to delivering value to customers. Profitability and market share may be byproducts of achieving this primary objective. Work-life balance for employees is also an important consideration but is generally seen as part of creating a positive work environment rather than the primary objective of the corporation.

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books