Marketing Managers Should Remember That There Are Many Variables in the ________

question 193

Multiple Choice

Marketing managers should remember that there are many variables in the ________ that affect strategy planning.

• A)economic and technological environments
• B)competitive environment
• C)cultural and social environment
• D)political and legal environments
• E)All these environments have variables that affect strategy planning.

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Definitions:

Liabilities

Financial obligations or debts owed by a company to creditors or suppliers, which must be settled over time.

Posting

the process of transferring journal entries to respective accounts in the ledger.

Ledger

A book or electronic record used to record all of a company's financial transactions in chronological order.

T-account

A graphical representation used in accounting to illustrate the effects of transactions on account balances, with debits on the left and credits on the right.