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:

Group Composition

The makeup or structure of a group, including the characteristics, diversity, and roles of its members.

Social Worker

A professional committed to helping individuals, families, and communities address personal and systemic problems through various therapeutic and support services.

Functional Group Behavior

refers to patterns of behavior that contribute positively to the group's purpose or tasks.

Communicating

The process of conveying messages or information between individuals or groups through various means, verbal or non-verbal.