Match Each Definition to the Corresponding Term

question 7

Multiple Choice

Match each definition to the corresponding term.
-_____ is the process of collecting information about the external marketing environment to identify and interpret potential trends.

• A)environmental scanning
• B)environmental management
• C)competitive environment
• D)time-based competition
• E)economic environment
• F)demarketing
• G)consumerism
• H)marketing ethics
• I)social responsibility
• J)green marketing
• K)oligopoly
• L)gross domestic product
• M)planned obsolescence
• N)inflation
• O)socially responsible marketing
• P)political-legal environment
• Q)VoIP
• R)discretionary income
• S)antitrust
• T)strategic alliance

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Definitions:

Assets Abroad

Investments or capital holdings a country or individual has in foreign countries, including real estate, stocks, bonds, and other financial assets.

Financial Transactions

Activities involving the exchange of money or assets between parties, which can include investments, loans, purchases, and sales.

Real Assets

Assets that have intrinsic value due to their substance and physical properties, such as real estate, commodities, or natural resources.

Current Account

A component of a country's balance of payments that measures the trade of goods and services, net earnings on investments, and transfer payments.