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What impact did the New Economic Policy have on market orientation for businesses?

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Question

What impact did the New Economic Policy have on market orientation for businesses?

Options

  • Focus shifted to government requirements.

  • Focus remained on product manufacturing.

  • Businesses became more customer-oriented.

  • Only large firms benefited.

MCQ
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Solution

Businesses became more customer-oriented

Explanation:

Companies started designing products and services to match the needs and demands of customers.

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