Technology Is

question 17

Multiple Choice

Technology is

• A) the application of scientific knowledge to build products that customers desire.
• B) the application of knowledge and tools to solve problems and perform tasks more efficiently.
• C) applied sciences.
• D) one of the weakest marketing environment forces.
• E) the result of research performed primarily by universities.

Understand the principles of market reach and the factors influencing it.

Master the concept of profit margin and how to calculate the profitability of a segment.

Grasp the idea of value proposition and how it shapes marketing strategies.

Understand the impact of competition on market segmentation and targeting.

---

Definitions:

Linear Way

Refers to a direct or straightforward approach or method in processes or reasoning.

Digitally

Digitally refers to tasks, processes, or interactions that occur or are facilitated through digital means, such as computers, smartphones, or the internet.

Printed Message

Communication that is conveyed through text on paper, such as magazines, newspapers, or flyers.

Stakeholders

Individuals or groups with an interest or stake in a project, organization, or outcome, whose inputs and needs are often considered in decision-making processes.