Which of the Following Factors Are Used for Strategic Benefits

question 40

Multiple Choice

Which of the following factors are used for strategic benefits planning? (External Environment)

• A)Government regulations
• B)Economic conditions
• C)Labor force changes
• D)All of the above

Understand the concept of the ideal product and how it relates to consumer preferences.

Identify the factors that influence a product's position in the market.

Describe methods for visualizing and mapping brand positions in the marketplace.

Understand the different types of market research and their purposes.

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Definitions:

Specific Performance

A legal remedy in contract disputes where the court orders the breaching party to fulfill the exact terms of the contract, rather than simply paying damages.

Quantum Meruit

A legal principle where a person can recover a reasonable value of services provided, even in absence of a contract.

Mandatory Injunction

A court order compelling a party to undertake a specific act, often issued to prevent irreversible harm.

Quantum Meruit

A legal principle that means "as much as he deserves," allowing a person to recover reasonable value of services provided when a contract for them is nonexistent or cannot be enforced.