An Encomienda Was a

question 61

Multiple Choice

An encomienda was a

• A) special title given to Spanish explorers of the New World.
• B) religious ceremony.
• C) Spanish-run community of assimilated Indians.
• D) uniform worn by conquistadores.
• E) license to exact tribute and labor from natives.

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Definitions:

Continuous Innovation

The ongoing introduction of improvements and enhancements to products, services, or processes that add value to the organization and its stakeholders.

New Consumption Patterns

Emerging trends in the way consumers purchase and use goods and services, often driven by changes in technology, culture, or economic factors.

Market Attractiveness

The degree to which a market is appealing to a company, considering factors like size, profitability, and competition.

Marketing Mix

A combination of factors that can be controlled by a company to influence consumers to purchase its products, traditionally identified as product, price, place, and promotion.