Environmental Factors That the Organization May Exploit for a Competitive

question 58

Multiple Choice

Environmental factors that the organization may exploit for a competitive advantage are known as

• A)organizational strengths.
• B)organizational opportunities.
• C)organizational threats.
• D)organizational weaknesses.
• E)competitive strategies.

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Definitions:

Impulse Management

Techniques or strategies used to control or direct spontaneous decisions typically made on the spur of the moment.

Commission Compensation Plan

A remuneration structure where employees or agents are paid based on the sales or deals they close, incentivizing performance.

Net Dollar Volume

The total amount of sales revenue after discounts, returns, and allowances are subtracted.

Behavioral Measures

Quantitative indicators used to assess actions and reactions of consumers, often used in market research.