Which of the Following Is an External Factor That Affects

question 24

Multiple Choice

Which of the following is an external factor that affects pricing decisions in a company?

• A) the company's overall marketing strategy
• B) the nature of the market
• C) the organizational objectives of the company
• D) elements of the company's marketing mix
• E) the annual advertising budget of rival firms

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Definitions:

Vasoconstriction

The narrowing of blood vessels, which increases blood pressure by reducing the volume of space for blood flow.

Vasodilation

The dilation of blood vessels, which decreases blood pressure.

Motivation

Motivation is the psychological driving force that initiates and guides behavior, often driven by the desire to fulfill a need or achieve a goal.

Internal Cues

Psychological or physiological signals from within the body that can trigger certain responses, such as hunger cues indicating the need to eat.