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:

Proxy Fight

A contest between two or more parties to win control over a company by convincing other shareholders to vote for one side's preferred corporate governance changes.

Financial Manager

A professional responsible for managing the financial health of an organization, including planning, organizing, and controlling financial activities.

Operating Strategies

Comprehensive plans or actions implemented by a business to reach its objectives and streamline its operational process.

Stock Price

Represents the current market value of a company’s shares, influenced by investor supply and demand.