The External Environment:___________

question 12

Multiple Choice

The external environment:___________

• A) does not change over time.
• B) must be continually monitored by marketing managers.
• C) can be controlled in much the same manner as the internal marketing mix.
• D) does not have an impact on Fortune 500 companies.

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Definitions:

Workflows

The sequence of processes through which a piece of work passes from initiation to completion in an organizational setting.

Organisation Structure

The arrangement of roles, responsibilities, and relationships within an organization, defining how activities are directed towards achieving its goals.

Coordinate Resources

Involves the efficient and effective management and allocation of organizational resources, such as manpower, finances, and materials, to achieve objectives.

Performance Success

Achieving or exceeding set performance metrics in various aspects such as sales, productivity, or quality, indicating an individual's or organization's effectiveness.