A Marketing Analyst for a Chicken Processor Reports That a Rising

question 139

Multiple Choice

A marketing analyst for a chicken processor reports that a rising percentage of people are eating chicken because it has less fat than beef. Clearly, this firm's opportunities may improve with this change in the

• A) technological environment.
• B) cultural and social environment.
• C) economic environment.
• D) political and legal environment.
• E) competitive environment.

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Definitions:

Variance

A measure of the dispersion or spread of a set of values, indicating how much the numbers in the set differ from the mean.

Diversifiable Risk

A risk that can be reduced or eliminated from a portfolio through diversification, not linked to the market's movements as a whole.

Company-Specific

Company-Specific refers to factors or risks that affect an individual company's performance, distinct from broader market or industry factors.

Unsystematic Risk

The risk associated with a specific company or industry, which can be mitigated through diversification.