Customers and Competitors Are Two Important Sectors of the Economic

question 89

True/False

Customers and competitors are two important sectors of the economic dimension of a firm's general environment.

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Definitions:

Social Causes

Issues or objectives related to society that aim to create change or awareness in areas such as poverty, education, and health.

Metrics

Quantitative measures that are used to track and assess the status of specific business processes.

Environmental Scanning

Analysis of external environmental factors by marketers to understand how they impact business and marketing decisions.

Data Warehouse

A centralized repository for large amounts of data from various sources, designed for query and analysis.