Market Pressures Include Which of the Following

question 70

Multiple Choice

Market pressures include which of the following?

• A)The global economy
• B)Weak competition
• C)A homogeneous workforce
• D)Weak customers
• E)High-cost offshore labour

Understand the diffusion of innovation model and its significance in product adoption.

Identify the specific characteristics and life cycle patterns of fad and fashion products.

Recognize the importance of product form and class in the marketing context.

Grasp how environmental and technological changes impact product life cycles.

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Definitions:

Network of Networks

Describes the internet as a global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to communicate between networks and devices.

Intranet

A private network accessible only to an organization's staff, often used to store, organize, and share company information internally.

Work Habits

Work habits are the practices and routines that individuals consistently follow in their professional tasks, which contribute to their effectiveness and productivity.

Extranet

A controlled private network that allows access to partners, vendors, or selected external parties, extending a company’s intranet.