Which of the Following Is the Primary Factor That Determines

question 26

Multiple Choice

Which of the following is the primary factor that determines the success or failure of a company?

• A) visionary business strategy
• B) high-tech control systems
• C) sound organizational structure
• D) competent employees

Understand the role of environmental analysis in identifying business strengths and weaknesses.

Acknowledge the role of green marketing and ethical considerations in contemporary business practices.

Understand the concept and importance of strategic planning in businesses.

Recognize the role of environmental analysis in strategic planning.

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Definitions:

Comfortable

A state of physical ease and freedom from pain or constraint; the provision of a pleasant level of comfort and satisfaction.

Culturally Relative

The understanding that beliefs, values, norms, and practices should be evaluated in the context of the specific culture from which they originate, rather than judged against the standards of another culture.

Western Societies

Refers to societies that are historically influenced by European cultures, particularly in aspects such as legal systems, economies, philosophies, and overall cultural practices.

Biologically Determined

Pertains to traits, behaviors, or conditions that are influenced by genetic makeup rather than environmental factors or personal choice.