In the Short Run, a Marketing Manager Usually Cannot Control

question 135

Multiple Choice

In the short run, a marketing manager usually cannot control:

• A) the competitive environment.
• B) the cultural environment.
• C) the legal environment.
• D) the economic environment.
• E) Any of these environments are uncontrollable in the short run.

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Definitions:

State Would Wither Away

A Marxist theory suggesting that after the establishment of a classless society, the need for a government or state will diminish and eventually disappear.

Capitalists

Individuals or entities that own capital goods or investments and use them to generate wealth through production, distribution, and the sale of goods and services.

Embraced Capitalism

The process of adopting capitalist economics and practices, characterized by private ownership, profit motive, and market competition.

Central Planning

An economic system where the government makes all decisions on the production and distribution of goods and services, aiming to control the economy.