An Internal Situation Analysis Looks at All of the Following

question 102

Multiple Choice

An internal situation analysis looks at all of the following EXCEPT:

• A)competitive analyses
• B)corporate and brand image analyses
• C)organization of the promotional department
• D)results of the firm's previous promotional programs
• E)ability of the firm to implement new promotional programs

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Definitions:

Fully Employed

Refers to a situation where all available labor resources are being used in the most economically efficient way.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a specific time period.

Natural Rate

The natural rate typically signifies the unemployment rate that maintains a steady inflation rate over time, also known as the natural rate of unemployment.

Short-run Ups

Temporary or brief increases in economic indicators or market performance.