Examlex

Solved

Which of the Following Is Most Likely a Characteristic of Firms

question 67

Multiple Choice

Which of the following is most likely a characteristic of firms that adopt a reactive approach toward the marketing environment?


Definitions:

Idiosyncratic Factors

Unique personal attributes or characteristics that influence behavior and responses in different situations.

Universal

Relating to or affecting all people or things in the world or in a particular group; applicable everywhere or in all cases.

Common

Occurring frequently or widely accepted and used; usual or shared by most.

Socio-cultural-economic-political Influences

Factors stemming from societal, cultural, economic, and political realms that affect individuals and communities.

Related Questions