Achieving Organizational Objectives by Predicting and Influencing the Competitive,political-Legal,economic,technological,and Social-Cultural

question 2

Multiple Choice

Achieving organizational objectives by predicting and influencing the competitive,political-legal,economic,technological,and social-cultural environment is referred to as _____.

• A)research and development
• B)marketing research
• C)environmental management
• D)SWOT analysis

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Definitions:

Variance

A measure of the dispersion of a set of data points around their mean value, indicating how spread out the data points are.

Portfolio

A collection of investments held by an individual or an institution.

Expected Rate

A predicted rate of return or outcome based on certain assumptions or historical data.

Standard Deviation

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