Final answer:
A market culture values flexibility and has an external focus. It encourages innovation, adaptability, and responsiveness to customer requirements. The correct option is (D).
Step-by-step explanation:
A market culture values flexibility and has an external focus. In a market culture, organizations are driven by competition and their main goal is to meet the needs and demands of the external market. This culture encourages innovation, adaptability, and responsiveness to customer requirements. The correct answer is market.
For example, companies in a market culture prioritize customer satisfaction and aim to constantly improve their products or services based on market trends and customer feedback. They focus on developing new strategies and products to gain a competitive advantage in the market.