What Does an Organization Do Once It Has Completed Its

question 81

Multiple Choice

What does an organization do once it has completed its environmental scan?

• A)It alters the perceptions of stakeholders to match the scan.
• B)It modifies the goals and objectives of the organization.
• C)It analyzes the external environment further for more details.
• D)It determines the impact on the organization.

---

Definitions:

Publicity

It involves creating awareness about a product, service, or company in the public domain, often through media coverage, without direct payment.

Credible

Being believable or worthy of trust, often based on a proven track record or evidence.

Penetration Pricing

A pricing strategy where a product is initially offered at a lower price to attract customers and gain market share.

Market Acceptance

The degree to which a new product or service is embraced and used by consumers in a target market.