Which of the Following Is Part of the Microenvironment of a Company's

question 73

Multiple Choice

Which of the following is part of the microenvironment of a company's marketing environment?

• A) a just-in-time inventory system used by the company when making purchase decisions
• B) a set of laws that require the company to scale down its telemarketing calls to customers
• C) a changing demographic picture that requires the firm to make product adaptations
• D) a new technology that would ensure significant cost-cutting if implemented in the firm
• E) a set of environmental sustainability laws that significantly impact the company's production processes

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Definitions:

Export

Goods or services produced in one country and sold to buyers in another country.

Baskets

Containers typically made of interwoven materials like straw or plastic, used for carrying or storing items.

Free Trade

The absence of tariffs, duties, and other governmental barriers to international trade, allowing goods and services to move more freely across borders.

Soybeans

A species of legume native to East Asia, widely grown for its edible bean which has numerous uses in food, oils, and as a source of protein.