A Marketing Analyst for a Chicken Processor Reports That a Rising

question 139

Multiple Choice

A marketing analyst for a chicken processor reports that a rising percentage of people are eating chicken because it has less fat than beef. Clearly, this firm's opportunities may improve with this change in the

• A) technological environment.
• B) cultural and social environment.
• C) economic environment.
• D) political and legal environment.
• E) competitive environment.

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Definitions:

Economic Basis

The foundational activities or sectors upon which a region's or country's economy is built and operates, fundamentally influencing its wealth and growth.

World Trade

Refers to the exchange of goods and services across international borders or territories.

Uneven Distribution

A situation where resources, wealth, or opportunities are not evenly shared among members of a society or geographic areas, often leading to disparities.

Economists

Professionals who study, develop, and apply theories and concepts from economics to understand how individuals, businesses, and societies allocate resources.