LG Recently Introduced a "Connected" Refrigerator That Can Track Food

question 288

Multiple Choice

LG recently introduced a "connected" refrigerator that can track food expiration dates and respond to voice commands. This is an example of a ________ change in the marketing environment.

• A) regulatory
• B) sociocultural
• C) competitive
• D) technological
• E) marketing mix

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Definitions:

Social Stratification

A relatively fixed hierarchical arrangement in society by which groups have different access to resources, power, and perceived social worth; a system of structured social inequality.

Marx's Approaches

Theoretical frameworks proposed by Karl Marx that focus on conflict theories related to capitalism, class struggle, and the dynamics between labor and capital.

Weber's Approaches

The methodologies and theories developed by Max Weber, focusing on understanding society through the analysis of social actions, social relationships, and culture.

Class Inequality

The disparity in access to resources, opportunities, and rights among different socioeconomic classes.