Which of the Following Is an Example of a Major

question 40

Multiple Choice

Which of the following is an example of a major macro-external environmental factor that a company must consider when analyzing the international marketing environment?

• A)economic factors
• B)product factors
• C)promotional factors
• D)pricing factors
• E)advertising factors

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Definitions:

Exchange Relationships

Interpersonal connections based on reciprocal exchange of benefits or favors.

Societal Progress

The development and improvement of society in terms of economic, social, cultural, or technological aspects.

Modern Societies

Contemporary communities characterized by advanced technological development, urbanization, and complex social structures.

Communal

Pertains to a group or community, focusing on the shared responsibilities, benefits, or possessions of the members of said group.