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9 May, 08:24

Power companies have a monopoly on the electricity market so they are

a. product-oriented

b. sales-oriented

c. customer-oriented

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Answers (1)
  1. 9 May, 12:07
    0
    The correct answer is option b. sales-oriented

    Explanation:

    Sales oriented companies are those whose main focus is to increase their sales. Having a monopoly on the sales of a particular product means their sole focus is to increase sales for which they might buy other companies or buy the retailers to only work with their product. These are strategies to diminish competition in the market.

    Customer oriented or product oriented companies have different focus which do not revolve around monopolizing the market.
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